Bullion prices have been ratcheting lower in recent weeks, presumably bound for key midpoint supports that could conceivably fail. Although it’s difficult to be disinterested in the outcome, we need to view the technical signs with coldly mechanical detachment. Indeed, our emotions will not serve us well in judging a market that has been going against us, as bullion has. With the foregoing in mind, and for better or worse, we took an especially close look at Comex Gold during this session.
