world gold collapse has begun, page-17

Technically there is now a very strong probability that Gold will very quickly head towards 500 USD - and I'm talking real time , starting right now , not in one month / 6 months / 1 year or some other vague projection. I wouldn't know diddly squat about the fundamental rhetoric that gets thrown around by so called experts who say Gold is heading up (their opinion is just as valid as mine of course) , but the mathematical Wave patterns are now nicely aligned for Gold to take quite a big hit - don't blink because the set up the way it stands right now is bearishly aggressive. I find it hard to believe myself but the chart is totally unemotive and its saying down and down hard from this exact point - 500 USD or thereabouts is my call before I'd look at taking a long position again . Happy trading .