This is a basic chart of the US 500 I was showing some friends....

This is a basic chart of the US 500 I was showing some friends.
Hitting on a major support line at the moment and probably needs to consolidate or bounce a little from here before the next leg down starts so that probably works against Gold's favor (short-term).
The next leg up in Gold should coincide with the next leg down in equity markets.

I bought a few pilot buys in some Goldies this morning.
If Gold goes down I may even be able to get them "Cheaper" later in the week ha.