As I was afraid would happen, gold suffered an overnight hit that drove it back below the $1350 support zone. The drop occurred in the span of one minute so it's pretty obvious this was a planned attack with the intent of taking out that support zone in the thin overnight market when there would not be any buyers to defend the against the attack.This has also broken the intermediate trend line which should take out all the technical traders as few will want to buy a broken trend line.At this point I think we need to align our goals with those of the manipulators. This doesn't mean selling short, but it does mean delaying gratification until the manipulation has accomplished its goal. That goal, I'm almost certain, is to setup the trade of the century.
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