Loading ...This dip or dollar jump could last a few days, or maybe a few hours. In a crash situation, (the opposite) the people that got frozen in the head lights, that failed to sell early on, would get a chance to get out a little higher on a bounce.
Keep in mind too, people that got in EARLY, are sitting on big profits. They won’t get shaken out at all. They have LOTS of room on the downside. They might buy this dip immediately. Not wait for lower lows on gold or higher dollar.
Well?
The gold drop dollar jump ran only 3 days.
http://finviz.com/futures_charts.ashx?t=METALS&p=d1