You don't understand, unfortunately retail investors who want to sell gold SOLD already... Now it the game between greedy Ponzi FED/Goldman Sachs and Chinese buyers who have deep pocket and are desperately want to get rid of dollar....
The $1050 target still is reachable. But bringing extra 3000 - 4000 tones physical GOLD!!!!
I've been telling people to buy JDST since low 30's. Best way to win on falling gold is shorting the Jr Miners that are the most overbought recently. They'll fall the hardest in short term relative to gold. They're due to fall -10% or more from here at least in coming days-weeks, probably -20% yet below their 20 day averages or a likely target back to 50 day avg or lower. That puts JDST back above 45+ with 60's possible.
Mark my words
The dollar is already worthless and thre fed and the rest of the world knows it. Second quarter the chinese and india will back their currency with gold taking the worthless dollar out of its role of worlds reserve currency.