-->Summary:

Bob Prechter’s forecast of a decline in the gold price to below $253 remains a serious possibility and must be accorded respect.
<font color=red>A London PM gold fixing above $382 will greatly reduce, if not totally eliminate, the prospect of Bob’s forecast proving to be correct.

A London PM gold fixing above $371 followed by a fix above $382 will enhance the probability of the forecast set out in my analysis
above being correct. This would indicate that a move to about $424 without a serious correction was about to occur.</font>[img][/img]

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Schaun mer mal:-)


<ul> ~ Kitco-Commentary</ul>

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