Gold going to 1011 - Week, 934 - Year, 1534 - later

Whenever prices look menacingly closer to a free fall or a shoot up, i become aware of my greed and start to look for potential retracements. 1101 was one such level where there was a potential reversal. Since it did not happen last week, the next price level with the potential of a reversal is 934, with this month's low, around 1011. The set up of moving averages, fibo and zz does not seem to be ready for a continuous fall to 500 this year or next. There is obviously the possibility of price going directly to 520, but will know only at the end of this month. Next week price movement will also reveal if the threat of reversal at 1101 is over or not.