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GOLD for 1/23/20


The decent trade below 15570 projected this downward $56 (+). We have seen $20.6 of this so far, but this is on hold (this would have to be violated by $14.1 to further negate it) as we held a very short timeframe temporary exhaustion at 15363-31 with a 15364 low and bounced $32.4 against it. Decent trade back below 15476-73 will reestablish the bear calls. Today has a good likelihood of being range expansion day. NOTE: this is just a small portion of the market calls I provide my clients twice daily, and does not include penetration amounts or a number of the other calls. Please feel free to reach out if you are interested.