New poster here long time lurker from UK. Gold in USD looks very weak here think there is a chance of a proper capitulation.

Gold ended the week badly as expected. I am forecasting lower prices to come in Dollars.

My gold price forecast can be found at my site kenticehurst.com

I use fractal patterns and mathematics to model the future based on past patterns. I model different outcomes to see how much energy would be required to change a pattern and then plot the most likely outcome. Its a bit of fun and I have had some success - so far.

Seems like the West has given up on Gold. I know someone is buying it though.

Yes the forecast is for lower prices over the coming weeks.

Morning all still bearish on Gold at least for the time being. Forecast posted here, previous forecasts can be seen at my gold price forecast site kenticehurst.com


This post has been edited by carbon junkie: May 19 2014, 06:16 PM

New forecast still bearish. End of this week is also end of month could be interesting.

Gold fell as forecast. Better to be too early than a day late. New forecast below.

Quiet but bearish week.

@ kochun its a mathematical algorithm based on fractal patterns.

Nice bounce last week but still bearish.

Bullish forecast.