Our fractal model suggests the wave for gold in US dollars will sweep up into the $3,500 to $3,600 area into the mid-year time-frame. The leading edge of that time-frame begins in May and extends out for a few months. A potential for gold to spike to a $3,900 extended fib level exists.
Like all parabolic moves in gold, the late stages create the biggest price movements. Personally, I would be happy with a huge gold run up to the $3,200 level.................................................Full Article: Source
|