IMO the key support test for Gold is $1,525. This level has held...

IMO the key support test for Gold is $1,525. This level has held 3 times in the last 18 months and has not been broken in Gold's retreat frtom its all time high.

correction: all time nominal high

many seem to forget, or maybe it was a slip, we haven't reached the 1980s top adjusted for inflation, and thats US CPI not real rate of inflation :P

1980s high adjusted for inflation is somewhere between 2200-2300 iirc

going to be a nice bottom here folks, might take a while to play out, im going to try and be a little more patient this time around