Thursday , 23 May 2024

Gold Will Drop to $1,450 This Month Before a Parabolic Move to $3,950!


Based on my technical analysis gold will drop to $1,450/oz. before the end of May and then go parabolic in the next C-wave to $3,950/oz. Below is a chart of how I see the price of gold unfolding over the next while – and why.

Below is a chart of how I see the price of gold unfolding over the next while.

So says Juan Eduardo Morales Veas* (  in an exclusive posting here at www.munKNEE (Your Key to Making Money!). This paragraph must be included in all article re-postings to avoid copyright infringement.


To be a Star/Master Trader/Investor, never forget and always remember these seven principles:
  1. The trend is your friend.
  2. Let the winners run.
  3. Cut your losses quickly.
  4. Never average down.
  5. Never underestimate the strength of a trend.
  6. The big money is in the big trend.
  7. The main financial markets´s task is to deceive you.

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*Juan Eduardo Morales Veas is:
  • a Financier & Asset, Portfolio & Wealth Manager
  • the Chairman & C.E.O. of
  • a Bullion Star/Master Trader
  • an Introducing Broker to Alpari (U.K.) Limited
  • an Introducing Broker to F.x.Pro Financial Services Ltd.
  • a Referring Broker to Forex Capital Markets Limited
  • a Partnership Member of Equis International (Thomson Reuters) and
  • a Content Contributor to Bull Market Thinking &

Related Articles:

1. Dr. Nu Yu: Developing Trends in Gold, Silver and Mining Companies to Remain VERY Bearish! Here’s Why


This analysis is an all-encompassing look at the developing trends in gold, silver, the HUI and XAU indices, West Texas crude oil, the US Dollar Index, 30-year U.S. Treasury bonds and the U.S. and Chinese stock markets. It is not a pretty sight! Words: 1428

2. New Analysis Suggests Gold Going to $3,495 in 2013, $6,233 in 2014 and Peaking at $31,672 in 2015!

Nick Laird has put together an Elliott Wave theory prediction using ‘The Golden Mean’ & ‘Fibonacci Sequences’ to arrive at future prices for gold…which he is hopeful will serve as ‘a roadmap which gold may take as it climbs to new highs’. See the chart below. Words: 625

3. Goldrunner: Fractal Gold Analysis Says Gold On Way to $3,500 Mid-year!

Our Fractal Model suggests the wave for Gold in US Dollars will sweep up into the $3500 to $3600 area into the mid-year time-frame. The leading edge of that time-frame begins in May and extends out for a few months. A potential for Gold to spike to a $3900 extended fib level exists. Like all parabolic moves in Gold, the late stages create the biggest price movements. Personally, I would be happy with a huge Gold run up to the $3200 level. Words: 1400

4.  New Analysis Suggests a Parabolic Rise in Price of Gold to $4,380/ozt.

According to my 2000 calculations, if interest rates and inflation stay constant over the next 2 years, we could expect to see (with 95.2% certainty) a parabolic peak price for gold of $4,380 per troy ounce by then! Let me explain what assumptions I made and the methods I undertook to arrive at that number and you can decide just how realistic it is. Words: 740

5. Deja Vu? Is Gold Just in a Correcting Phase on Its Way to Parabolic Peak of $4,294?

The current volatility in the precious metals market doesn’t necessarily indicate a change in secular direction. [In fact,] if today’s gold price was to rise by the same degree over the next 14 months [as it did from the beginning of 1979 into 1980, it would hit $4294/ozt. by Jan 2013! Let me explain.] Words: 420

6. Contracting Fibonacci Spiral Puts Gold Near $4,000 by 2013 and $7-10,000 by 2020

Gold is operating on a smaller Contracting Fibonacci Spiral Cycle that is in synch with the larger Contracting Fibonacci Spiral the markets are in. Adding together the sum of parts… the price of gold will move up in price in 2013, 2016, 2018, 2019 and 2020, with each subsequent leg moving less in percentage terms than the prior move. Gold advanced 4 foldish from 1999 until 2008 ($252/ounce to $1046/ounce) suggesting that gold should top out below $4000/troy ounce by the end of January, 2013…[on its way] to $7,000 and $10,000 per troy ounce by 2020. [Let me explain.] Words: 834

7. Alf Field: Gold Going to $4,500/ozt. in Next Wave Towards Parabolic Peak

Once this present correction in gold has been completed it should [undergo] the largest and strongest wave in the entire gold bull market…to around $4,500 with only two 13% corrections along the way. [Let me explain how I came to that conclusion.] Words: 19007.

8. Alf Field: Correction in Gold is OVER and on Way to $4,500+!

There is a strong probability that the correction in the price of gold [down to $1,523] has been completed. The up move just starting should be…the longest and strongest portion of the bull market…at least a 200% gain… [to] a price over $4,500. The largest corrections on the way to this target, of which there should be two, should be in the 12% to 14% range. [Let me explain how I came to the above conclusions.] Words: 760

9. Gold’s Recent Price Action Suggests Ultimate Top of $5,000/ozt.

The correlation between the gold price from 1968 until 1979 and from early 2000 until today is an amazing 89.65%! More specifically, the correlation from 1975 until April 1979 and from January 2008 until today is an astonishing 97.83% suggesting that gold will reach an ultimate top of $5,000 per troy ounce before the bubble bursts. Words: 330

10. The Future Price of Gold and the 2% Factor

It is my contention that the price of gold rallies whenever the U.S. dollar’s real short-term interest rate is below 2%, falls whenever the real short rate is above 2%, and holds steady at the equilibrium rate of 2%. Furthermore, for every one percentage point real rates differ from 2%, gold moves by eight times that amount per year. So if the real rates are at 1%, gold will move up at an 8% annualized rate. If real rates are at 0%, then gold will move up at a 16% rate (that’s been about the story for the past decade). Conversely, if the real rate jumps to 3%, then gold will drop at an 8% rate. [Let me explain.] Words: 982


  1. Dear Glen and investors:

    My amazing performance of 3,439.58% in 2011, is based on my studies and experience!!!.
    If you don´t believe me, ask my Detailed Statement!!!.
    I don´t lie to anyone!!!.
    There is only one typo: letter b (low cap) is at US$1,792.70, on February, 2012.


    Juan Eduardo Morales Veas.
    Bullion Star/Master Trader.

  2. This article is one of those articles that metals investors need to read and ignore. Technical analysis doesn’t work in managed markets anyway and this is making rediculous predictions that are irresponsible and foolish. He has no idea what gold is going to do. He’s guessing. Read and run. Take a long term view and make your decisions based on that.