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[123tom]

Spot Gold chart....


where will gold end the year. will it bottom at year end (December/January) like it did the last 3 years? My eyes sense that it might take a bit longer to bottom, by stretching into February/March. It feels like a hunch but its based on seeing the shape of this Fibonacci geometry. The chart shows the weekly 200ma around 1230. but I like 1200 better. (1180-1220)
Gold has been diligently kept Capped at 1300 area by the powers in control. I expected that target zone, kind of a no-brainer to see. and my resistance capping zone was (1300-1325 area) Into that resistance bounced Gold but fell shy of the 1325, by Failing at 1317 and then 1308 and then 1300 the other day. Nicely Capped by the Cartel.
So where do they intend to take Gold and call it the next "bottom".
and when will it arrive at the target.
click to see chart