I follow the EW theroy, which works specifically well for gold. We are just about to enter Intermediate Wave III of major Wave III. The view is 1695 was the bottom on that 100 drop last week but we may retest that level ... worst case is 1650, from here the next wave shld state ... If you want a real good explaination of where it is going look up Alf Field
$4500 is the figure by end of Wave III before a correction and consolidation, before we go parabolic a few years later ... at this stage 2020-2022 looks like topping out before the bull is over more than likely with gold in excess of $20,000 oz ???????
ORS Price at posting:
17.9¢ Sentiment: LT Buy Disclosure: Held