By Louise Yamada
The technical observations suggesting risk for Gold spot price (GOLDS-1,462.09) over the past two months’ reports followed through with a severe decline in Gold through 1,539 support, achieving bear market proportions at 30% down thus far (bear market definition is 20% or more down from the high). Interestingly, the decline was totally unrelated to any corresponding strength in the U.S. dollar. Why?
