"In other words, in the year of the top central banks decided the long term trend was up, so they chased the market, and every down year since has looked to them like an opportunity to buy more gold at “bargain” prices....... When the bear market in gold approaches its end, central bankers will finally reverse the trend of their transactions and sell into the downtrend. When they do, it will signal the final price decline into the next major bottom...,.,,, …If you buy when central banks finally sell, you will probably succeed at investing in gold." http://www.elliottwave.com/affiliates_pr/archives/2015/07/22/Gold-Hits-a-5-Year-Low-How-to-Time-the-Next-Bottom-aa.aspx#axzz3ghsYjOJP