Gold break below key support for new records

The Gold successfully test the key support level of $1183 today. We predicted these tests since September 22nd 2014 and yesterday when make the forecasts for falling Gold price with target first at $1156 and second at the levels below or around $1100 per ounce that is a record low level since the beginning of 2010. The weakness may continue till the end of 2014 as the long-term forecasts of is for very strong Gold with target above $2000. So in a short term keep short position and continue sell Gold while the trend remains bearish.

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