GOLD 0.51% $1,391.7 gold futures

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  1. 657 Posts.
    There are two possible price targets that gold my reach this year. The first and most likely is 1679.3, and 2066.2. If the global debt situation gets worse and geopolitical trouble emerges, we should see 2k. If we take 1679.3 into consideration, and break it down into monthly numbers, the price will equate to a 21.7 increase. The 2066.2 scenario happens to come out at 54 per month. Observing the price atm, strongly indicates an extremely oversold situation, and a bounce to 1440 is likely by the end of January.

    They are just my silly numbers....
 
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