RE:Gold likely to hit $3,000 next year, analysts predict! Here's a First, $3014 on the future technicals / personally I will be surprised if Gold does not test $3400 .. It will stall out likely when it reaches $3100ish round1 but odds are next time thru it will test $3400 plus / $3500 will be the stickler for some time no different than stocks, the DOW Jones etc .. The DOW ran into R at 34,000 level and just couldn't get over that 35000 pivot. Fib has a way of showing itself over and over. Stocks repeat themselves showing up numbers over and over as in 34cts on a penny stock with a 35 pivot. Stocks in the dollar range are no different. Gold will have an issue getting over $3500 but I highly doubt when it runs it will peak at $3000 / Fib just miracuosly happens !! It's built into mans being ... I am oviously a FIB fan with it being second nature to me. When you read up on Fib you will find it's part of our universe. It is built into our DNA. To some of us it is more apparent but I have noticed over the years of trading that there is a huge repeating pattern of numbers that stocks just follow. Thus the reason FIB is a leading technical tool perhaps more popular than most / No different than $2700 Gold we will likely test $3700-$4400 all in due course / not sure what the time frame will be but at the rate things are going we may be there in less than 3years time ..
| Classic | 2344.94 | 2452.87 | 2566.94 | 2674.87 | 2788.94 | 2896.87 | 3010.94 |
| Fibonacci | 2452.87 | 2537.67 | 2590.07 | 2674.87 | 2759.67 | 2812.07 | 2896.87 |
| Camarilla | 2619.95 | 2640.3 | 2660.65 | 2674.87 | 2701.35 | 2721.7 | 2742.05 |
| Woodie's | 2348 | 2454.4 | 2570 | 2676.4 | 2792 | 2898.4 | 3014 |
| DeMark's | - | - | 2509.9 | 2646.35 | 2731.9 | - | - |