Oil has found suport at $86, being the 61.8% retracement of the rally from the end of June to mid September, and equities have halted their decline, at least temporarily, which is also helping gold to stabilise.
Gold is almost in the area we have been targeting for a bottom, though we do expect some further declines. Our subscribers are aware of our targets and strategy and remain poised to enter the market.
Today's video looks at the decline in more detail and the interaction with oil.