Desperate times indeed, page-15

Here is the word from EWI 2 days ago.

Minor wave 2 down in [Gold] has so far drawn prices to $1919.30, today’s intraday low. The short-term subwaveshave become somewhat sloppy, opening up the developing pattern to differing interpretation. It is possible thatprices will have an upward pop in the coming days, but we are uncertain. The odds still favor that before Minorwave 2 is complete, gold will likely decline to the area that surrounds the $1890 level, where Minor wave 2 willretrace a Fibonacci .382 of Minor wave 1. Lower potential exists.