Gary Savage says, "There’s no way to tell that at the moment. It’s still a bit early in the cycle so like I keep stressing, this is not the time to try and pick a bottom. The odds are that we have another manipulation zone that has been placed at 1240 and they are going to now make a run at 1180 in the days ahead. They’ve come this far and have manufactured an extreme left translated cycle you have to think the odds are good they are going to force gold to 1180 in the days and weeks ahead."