Gold keep rebounding, test $640 soon

The blog has not been updated for a while. But the last post has marked the short term / mid term bottom of Spot Gold at $542.

After reaching $542 which is a mere 0.618 correction to the years' gain, Gold surged rapidly back above $550, trading at range around $580, then break $600 and keep rising steadily to $638 today.

The length of correction during a Bull run can last for 1-2 years. Lets see how long it takes to finish correction and break $730 again !