Sure looks that way. Holding my hedge (DUST) at least until Monday morning and possibly into Tuesday. Gold & gold stocks seem to require a true capitulation before finding an intermediate term bottom. Could happen Monday or Tuesday. If we get a large gap down Monday, I'll sell half my DUST at the open and wait 15-20 minutes for the market to choose a direction before deciding whether to buy it back or sell the rest and buy NUGT (3X gold stocks bull).

My preference would be for a big down day Monday on high volume followed by a gap down Tuesday morning. If that happens Tuesday would likely turn into a reversal day. Once we get a real capitulation, a very nice tradeable rally of several weeks should follow...