K, Kinross update

The usual then – 24 July 2012 – and now charts;

K jul 2012k april 12 2013

Kinross is still going down and not even near it’s target. Gold could drop to about $1156 in our estimation but not necessarily in sixty dollar chunks every day. As with ABX it is possible that K is completing a 4th wave and could therefore bounce back to about $10 before diving again.