As u say Basel 3 so predictable….the good news so far though, is we haven’t fallen that far, especially in the shares.
If GDX holds the 20 area and so far it is a clear 3 wave decline, after 5 up…we could be set for a v good run in a while.
Gold has an equal move target of the 1259 area and 1253 is the 50 % level….if all that holds again we can run in a 3rd wave etc.