Gold may drop as much as $1350 before rallying

This is my take on the path gold will take, based on past performance, I anticipate a drop to around 1300-1350 before a bounce. A lot of similarities to 2008 in play here will mean that we may have to wait till december before seeing it shooting off. This could be sooner however depending on other market news.
CFDGoldTechnical Indicatorslong-termTrend Analysis

Disclaimer