Now we consider that GOLD will reverse when reach for its second target 1751 according to gold-ratio analyse or it is also possible that gold have already reversed since first target 1525 was been achieved.
your are right Bandb.. any analysis by anyone is just a probability but your analysis is infidelity going to piss off a gold bug but as a former gold bug myself now converted to "whatever the market is telling me bug" i am comfortable both ways and accept both points of view. however my analysis and a few very smart technical analysts i follow are in line with your prediction. we may be wrong but there is a big chance of a major down leg that will surprise everyone and make alot of people rich and unfortunately make alot of gold bulls unhappy. The gold bulls are not wrong though, we will see much higher highs than even the 2011 highs but not before a significant correction that will last 6 -12 months (possibly) and take the price all the way down to the 800-900 levels. that is just about to start very soon even as much as a few days but should not be more than a few weeks. as mentioned i may be wrong through my extensive research but i'm prepared either way...anyway i don't normally write but i did had some time and i will put you on my follow list. good luck!
GoldAddict
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Gold has reached all time highs in most other currencies...all currencies are falling simultaneously. It’s only a matter of time that gold reaches all time high in USD...it’s a race to the bottom with fiat right now...your analysis is flawed.
BandBInvestment
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@GoldAddict,firstly , we made our analyses with certain probability since it is vary bad and terrible habit to be absolutely sure in your forecast ,secondly that probability is founded on the most probable wave script which has the least contradiction from our point of view with basic Elliot model and basic Elliot rules , besides if gold continue its growth above 1751 it will mean that gold gonna reach its the third target or the forth target which might be above 1926.74 since we think that now gold is in wave B in (ABC) which may be longer then wave A. thank you for your feed back