Gold target

I think that gold will break out of the base pattern very soon, it could send gold to a level of $1500-1600

These charts show that gold is following very accurately the golden ratio:

http://tradermc.com/articles/gold-projection-golden-ratio/

Gold broke out of the falling wedge today, i'm staying long in miners. Jnug is up 100%, I expect much more in the coming weeks.

Gdx broke out of a bullish falling wedge, just as gold did it last week.

Nehaporwal, for targets, here are interesting charts I saw on gold elliot wave projection:

http://tradermc.com/articles/gold-elliott-wave-projection-since-1970/

Interesting Read... thanks