From the perspective of , if transforms prices and duration in degrees, this is what i find:
$ 1920 -> 104 °
$ 890 -> 105 °
To keep time in same degrees, we need 1431 days (calendar days)
1431 days -> 105°
Septembre 6, 2011 + 1431 Days = August 7, 2015
Price and time can square .
This is a severe drop until early August but anything is possible, especially with gold .
If price reach 890$, i'll go long with 1285$ as target : 0.382 fib / Channel up / 105° from view.
I've come to a similar conclusion using other tools, I'm looking to sell a retracement if one materializes soon.
My time target is a bit longer though, such a vertical drop would be really violent but feasible of course.
Trend is very clear, no question about it. It's falling.