Gold Update, Apr 12 2013

A quick follow up about the movement of Gold. Since the forecast of March 07 Gold has gone down exactly $100 from $1577 to $1477, surpassing two target areas of $1541 & $1524. I had also mentioned once Gold goes under $1524 it would go down like a waterfall, that is exactly what happened today. Gold dropped whooping 5% in a single day… We shall witness to see Gold hit $1430 and perhaps $1310 over the next few days.

 

Bellow is the chart of the last 3 days.

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