This has happened many times last few months with no Sunday night collapse in gold. I would say the odds are low of this happening right now in this present market. Things work differently in bull versus bear markets and the bull has been back now for quite a few months. Money flowing into precious metals is substantial, consistent now and longer term in nature, a far cry from the last few years. Stiil the cartel as we know them are dangerous but its been a very long time since they have lost so many times and so frequently as in the last few months. This metals market has defied most of the technical, wave and cycle people for months as always happens when trend shifts are ongoing such as a bear to bull market or vice versa. Even the COT players have had great difficulty trading this market recently and this is further sign of a major shift having occurred.
For sure any decline in gold would see a lots of buying not far below present price. This may yet be a summer to remember for gold/silver, it has been known to happen that seasonal cycles don't work, the last time was 2011 and that was a major shift.
