I do not know your holding period, but I am almost certain gold will go much lower, $1400's. Key supports have been smashed, so have MA's. A rally upto 1620, but no higher than 1680 is likely, but its down hard from there. We are nearly knocking at final support, I don't think I have seen a similazr pattern which has held. But let's not forget, that a parabolic move tends to be preceeded by a serious drop to flush out all bears. This is the one