Gold – It Ain’t Over Until the Fat Lady Sings

If we hold 1084 for the weekly closing, then we can see a two week bounce and everyone will proclaim the low, so hurry up and buy more. If we close below these numbers, then we can see a two week panic to the downside and a test of the 1980 high. If that unfolds, then the latter target may be further down. So we play it by the numbers.

There is still a risk that the SECOND BENCHMARK will be the final low rather than the first. That would fit best on the yearly model and it appears that what comes after October 1 is going to be anything BUT normal. OPINION will not matter much for we are entering a period where only the computer will be able to cope with the future. Nobody alive has gone through what we are embarking upon, so OPINION won’t mean much.

Gold – It Ain’t Over Until the Fat Lady Sings