Gold touched $620 again, rebound again

According to HKEJ, if Gold price need to adjust the whole increase during the year, a 50% correction could take the price down to around $590, a 61.8% correction could take the price to $560. So chance is high that gold may drop to $575.

Personally I don't expect Gold to drop to that low level, because I have gold stock on hand too (^.^).

Today, gold price reach its lowest at $618, and formed a double bottom. Now rebounded $10 to $628. I would rather it has finished correction at this level and start to climb up again.