Gold retreat continues in drop below $2,600 ...Middle East

The pullback in gold continues to run as price is now starting to dip to some interesting levels. The October low of $2,604 is now under scrutiny on the daily chart above with price dipping below the $2,600 mark for the first time since September. It's a testing time for gold as the post-election period is favouring other asset classes at the moment.I'm still an advocate for gold in the big picture of things, so I am very much welcoming the latest correction to be honest. The surge higher this year has been too one-sided, if one can really put it that way.With the October low now in focus, a firmer break under $2,600 will spell out a test of the 100-day moving average (red line) next for gol

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