Here is a summary of the brief gold campaign -- never got to add to it. The reason to exit ahead of FOMC was two fold: despite bottoming at a predetermined level initially -- the 2/3rd retrace of the primary pattern --- the market could never retrace more than 2/3rds of her impulse down moves. Number 2, on an impactful news event like FOMC you cannot control your risk, meaning you can see sizable slippage. Given you are still seeing lower lows and lower highs -- and you actually had a weekly close below that primary 2/3rds -- and the news is inevitable, I had to just step off. It was about a 1.6% loss in that account.