Gold is the "new Platinum"

GOLD - Historical data shows that in November since 1995 whenever price has increased from Monthly open by certain ratio it falls below the open by 19 Nov and even if the volumes are low it will fall before 28 Nov. This year Nov open was $1060/ounce and I project this based on past trends that it will touch $1035/ounce before 28 Nov. Since 1975 most of the decades first half (0-4 years) are gold price landing years and second half (5-9 years) are take-off years. 9 being the peak. 2009 is not different we are seeing major UP shift. But the trouble with this decade is 2000-2004 we seen the price rise from 300-400 and then 2005-2009 again there was a rise from 400 -1100. Based on previous decades trend price should drop to 700 by 2013 with a initial drop to 980 some point in 2010. Don't expect bubble burst drops as Gold is the most trusted by many developed and developing countries.

Standard bank Commodities Research says "On dollar strength, gold has fallen from yesterday’s highs. With gold below $1,110, we again view this level as resistance. But there’s also been good buying around $1,101-$1,104. While this range seems to provide support, conditions might favour more downside for gold. A break below $1,100 could see gold test $1,090. Overall we remain bullish on gold, and dips should be bought."