Saturday, 8 September 2012

Gold Price Targets - Alf Field - Jim Sinclair - David Nichols

Jim Sinclair often points to Alf Field for his Elliot Wave analysis of the gold price.

Field wrote on 31st July 2012

The bottom line is that we now have a really strong probability that the correction which started at $1913 on 23 August 2011 has been completed both in terms of Elliott waves and also in terms of time elapsed. If this is correct, the gold price should soon be expressing itself in violent upside action as it moves into the third of third wave which is still targeted to reach $4500.
Full article and analysis here.

A long history of Alf Field articles here

Another Gold price analyst David Nichols, at Fractal Gold targets $2,500-2,800

Sinclair targets $3,500.

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