As of writing this it’s 1:30pm and gold is down another $4, 
with inflation worries and global politics issues i do not belive yet that gold is in “bear” mode but i do belive it may be time to start looking at alternative investments (i.e stocks) everyone knows the cardinal rule in investing is buy low sell high, right now although the stock market is by no means low(Dow:11,076 Nasdaq:2262 S&P 500:1281 and teh TSX 11,833) It is condsidered in poor shape, just look at this chart……
The MACD is showing we are going to go through another couple weeks(two to three most likley) and the RSI and W%R are showing the market is staring to be “oversold” but will still need a couple weeks to get it out of “it’s” system.
The main worries right now our Iran and Iraq