I labeled the recent swing high, the big B at 1748, of an ABC correction from the year 2011? high at ~$1900. So I'm working the recent decline as the beginning of big wave C down to complete that correction to levels very near and likely below $1000 at it's conclusion. I think gold should be valued at $5000, but I think it will get clubbed technically to below $1000 before it gets there.