I was bullish gold for many, many years...now that the whole world is bullish gold, I am going the other way. Sure was profitable the last 2 days. The last run up took 5 weeks. The drop took one week.
If you went short at 1p.m., an hour before the FED cut 3/4 pt. when it finally went under $100oz. you would have made 80K in 3 days! Found support at $920, will go back above $1000 and soon!