$1500.00 gold is the wave equivalent length of the entire series down between the 1980 high to the 2000/1 low, so there are major implications towards getting over that point and building a bit of a base around it. That's my interpretation of Armstrongs comments.
Going straight into a rise into $2000 creates no base of support, it needs a higher low to be built, which doesn't have to be massive, just enough for $1500.00 to be called a low rather than a high. Armstrong has tagged it at $1530.00.
As far as the dates are concerned, each one is really like an inversion point that could point to a high or a low, I thought approaching March that the March inversion point was going to be a wave series high, but here we are and it isn't, in the shares anyway we're still building a base. So $2000.00 gold is certainly feasible on this move, and also is a June high in gold (it's happened before).
