As you know, I have been expecting one as we are in both my short and 5-6 month timing bands to find an Intermediate Cycle Low (ICL). Here is a post from this past weekend on 12/10.

While more evidence is needed to confirm Gold’s 5-6 month Intermediate Cycle Low (ICL) is behind us, I did add three Mining stock positions today for a total of 5 positions moving forward.

Markets love to retest major lows in the form of a “W” where sometime the 2nd low is higher and sometimes a dreaded undercut low.

https://surfcity.co/2017/12/10/gold-intermediate-cycle-update-15/