Gold is down $29 to $1105 today
Gold touches as low as $1072 (or maybe only $1086 as markets were thin) in Asia-Pacific trading, which was the lowest since 2010.
The recent fall definitively cracks the 61.8% retracement of the rally that started in the crisis.
I don't expect many people to vote for gains. Kitco's latest survey showed 68% of voters (and most of their readers are generally bulls) seeing prices down.
So the question is: How far do you think it will fall by year end?
