Will it continue to rise till prices reach $800 or $1000?

Well, my answer is actually “NO”! I see a short term downward trend emerging in the middle of next year. This will exert pressure on gold for a while but at the end of the next year, “fire will appear” in gold.

It is therefore quite apparent that time is not too far when gold will attain my predicted price of $1000.

This week gold may remain unstable or volatile. We are therefore likely to see movements on both sides. Planetary movements indicate that gold should not trade above the $550 mark this week as that would be a negative sign. The week should therefore be on the weak side for gold if it is to move according to the wave of nature. Once again, I do not see it going above $550 for more than four hours.