Gold Update: $1616?

From ino.com

Last month, after gold had missed our primary target of $1577 and then started to collapse, I wondered if "A Bear Face Was Showing Up?". The price was still above the trendline support, although it dipped below $1500. I also spotted the potential reversal Head & Shoulders pattern, which was adding to the possible Bear Face. Let's see below what you had been expecting from the market these days. The most of your votes in the earlier ballot were for the "No" option, which means you didn't think that gold had topped already keeping bullish outlook, no matter what. The thing is that we don't know the right answer yet, as ... (full story)