Gold In a runaway mode

Using this past price action from 2009 as a blueprint, my forecast since October has been correct & outstanding.. 

When Gold broke above USD 1,000 in September 2009, it rallied 25% within a few months reaching USD 1,225. From there it pulled back violently for 6 weeks to test the breakout at USD 1,050... This is my blueprint for this rally. Using this past price action from 2009 as a blueprint, my forecast since October has been correct & outstanding.. 

When gold broke above USD 1,000 in September 2009, it rallied 25% within a few months reaching USD 1,225. From there it pulled back violently for 6 weeks to test the breakout at USD 1,050...

I expect something similar this time. My target for a top in gold remains USD 2,535. We are talking short-term price action and not long term big picture targets which are much higher of course..

 Silver is now the star on the dance floor, which means we have to be alert while at the same time enjoying the party.

 Note : That a few days before the final top gold tends to have a violent sell-off back to the 18MA. This pullback could easily be -5% in one day. At current prices that would be a USD 100-125 pullback in one day. Be prepared for such a pullback please. It means very wide or very tight stops. This last pullback before the top should be the last short-term buying opportunity for a swing trade lasting 3-6 days.. 

Once the top is in place any long trade has to be avoided by all means and focus needs to shift on shorting. We are not there yet, but I am giving my best to prepare you for what is coming in the next few days and weeks..