1. Our recent (Thurs., Aug. 21) Dec. gold update indicated lower prices, including a test/attempt at $1268/$67 prior to the ending of the current decline.
2. Today’s (Tues., September 2) Dec. gold session completed the $1268/$67 downside target (today’s session low, $1265.70, so far).
3. Although the market took longer than usual to complete the $1268/$67 downside target, it’s completion is important and may prompt new entry. Will update as market confirms.