"Double bottom. I think we're approaching that rapidly in the POG. Coxe said that was what to look for, of course, the bottom needs to hold. What is it, around $1,380?"
Hey Baba. The previous intraday low for Gold last month was actually closer to $1325 although $1380 may have the been the final day's print at the close of trading. I think Sinclair's techie friend Po Bolony is making predictions based on a 30-day trading cycle. Can't vouch for the long-term accuracy of his work but I believe that's how his time targets are acquired. He may be off a day or 2 - acceptable variance imo as no model is perfect all the time. If so then we're well within sight of a bottom & I'd say he's done his part to help maintain investor confidence within the space of this latest correction. Feel free to lay some blame on me for his being off 24-48 hours 'cause I put in an order for a few ounces of Yeller last night lol