Gold.ax has reached its lows

Okay I am convinced the low of gold is in, at least in terms of Australian dollars.  On Feb 2nd Gold hit a low of 128.50, there is strong support stretching from July 2010 at 126.99.  I don't believe Gold will go lower than this support.  In fact I just bought more Gold at this level.  A false breakout occurred on November 25th but this only serves as a platform for a higher target count when Gold eventually resumes its uptrend.  The current target is an incredible $207 which represents a 58% increase at today's price!