Washout?

Both digital precious metals dumped really hard in the overnight, not long after the AM Fux, during the London Monkey session. This is the sort of washout low that we've seen mark bottoms in the past and so the hope this morning is that prices will now finally begin to stabilize after a week and a half of nearly non-stop selling.

First are foremost, the washouts you see below may only constitute A low and not THE low....and that's an important distinction. Again though, this is the sort of thing I've seen multiple times in the past at temporary bottoms so, if anything, this mini-...