We are on our way to test 2700, which may be as fast as this week. As mentioned in my Feb 2 post these are the targets: 3100 (Met), 2700 (Inbound), 1000 (On our way).
So with OPEC crumbling, this has thrown the world into a tail spin.
My gut says that the powers that be will deploy the Golden Line to help break the free fall, and encourage a bounce up. You ask what is a Golden Line? Well it can be any number of things to take people's attention off the s#it show they are in.
Some examples:
1. Interest rate cuts
2. Bitcoin imploding
3. Starting Gold std.
4. Scientific Discovery
5. Medical break through - Cure of cancer, etc
6. Revealing some lost secrets
7. Obscure - Life on Mars, zero point energy, etc.
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