Gold fell below $1223 (currently $1222), and prices appear to be slipping after today’s Fed announcement. The next vital levels reside at $1218 and $1212.
-GDX- If we are going to see a November breakdown, it should begin soon. If prices aren’t heading decisively lower by tomorrow or Monday, then we could be stuck in a prolonged consolidation.
-JDST- Bought JDST at the open, price $73.45. I’ll hold for a few days and see if prices break above the trendline.
