So there is no mistake on my read of Gold - I've been saying to short gold since 1650 or so - and really telling people to avoid like the plaque since the 1350 range. Now Gold has fallen to 1100 in the spot price of bullion - represented here by the ETF IAU getting crushed in the 3 month chart. This is STILL an avoid. Do not buy Gold here unless you have a very strong stomach and tolerance for pain. This could go much lower. How much lower - I don't have a crystal ball - just avoid Gold is my take.
Short term rating = SELL
Long term rating = SELL