July 21, 2022 - (Gold Market Wire) - When the Gold pundits scream "This is it!" you know you are in trouble. One of the prominent ones just called the bottom in Gold, and, as fate would have it, here we are, near breakdown in the market. Although we have maintained that Gold and the US Dollar can move up together, we also warned, weeks ago, that the forces of an ever-stronger US Dollar were now so strong, that Gold had a cloud descending over it. Now it looks like a proper storm in the making.

Well, it's showtime now - no doubt. Gold either holds, or we are going to move significantly lower. At $1680, we will start to short again. We won't play the 'catch a falling knife game'.

Could this be a massive final flushing before we rally? With war in the winds and the monetary system in chaos, it certainly could be. The only question is, how much of a rollercoaster ride can you stomach.

Gold is in trouble. It's on the ropes and ready to make a big move down if it doesn't hold here