Thats a big call, seeing the weekly gold price is making a bullish ascending triangle pattern, with strong support currently at $650.
Do you really understand the fundamental global implications of what you are saying when you post a comment like "gold heading back down to $500" ?
You are more than welcome to be a maverick and trade your own opinion, but what ever you do, don't forget the first rule of society.....to get along, you have to go along.