Gold – Is .0006th Of An Oz Of Significant Enough To Call The Bottom?

Yes. .0006th of an ounce of gold = 80 cents, at $ 1250 the oz. How can 80 cents be significant relative to gold at that price? It is a tiny gap in price that was never filled. The probability of December 2015 being the end of the downside correction since the 2011 highs grows with each passing week/month. As our regular readers know, our focus is solely on developing market activity as determined by price and volume over time. We pay attention to what the market is saying about its participants and not what others are saying about the market.
The Market Oracle

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