Gold was over-extended on the daily cycles, entered into the daily cycle correction yesterday. There will be some buyers today, but they will be too early.
Barrick Gold held an investor day discussing its Nevada Mines operation. There are 200 possible exploration targets that could bolster the production profile and extend production visibility to 15 years.
Sucks? Yeah, sure. Maybe in the eyes of crypto fanatics and the quacks who re-invent monetary policy every month. In actuality, few things in the material world suck less than gold