GOLD 0.51% $1,391.7 gold futures

will gold hit us$2012 in 2012?, page-6

  1. 51 Posts.
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    If you look at the 3 year weekly chart since 2009 gold has been steadily rising at $270/year. If you project the bottom trend line (which is where we are now) to the end of 2012 the minimum price will be $1870.
    The top of the trend line will be somewhere around $2070.
    But then if get another massive spike like we saw last September ($200 above the top trend line) we could even see $2200 at some stage before a correction.
    So, most likely we should see $2012 in 2012 but might not necessarily be there at the end of the year. Parrot, I gave you a thumbs up.
 
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