<p><table class="image-container float_right" width="200"><tr><td><div class="image"><img src="http://static4.businessinsider.com/image/4f9f111decad04fc6c000012-400-300/tom-fitzpatrick.jpg" border="0" alt="tom fitzpatrick citi" /></div><p class="source"><a href="http://www.youtube.com/watch?v=p4shvychiN8">Reuters via YouTube</a></p><p class="caption">Citi's Tom Fitzpatrick</p></td></tr></table><keyword id="18712" type="ENTERTAINMENT" weightage="60" keywordseo="Gold">Gold</keyword> fellow <a href="http://www.businessinsider.com/gold-falling-2013-2">below $1,600</a> on Friday.  This is a six-month low.</p>
<p>According to Citi technician <keyword id="709406" type="PERSON" weightage="60" keywordseo="Tom-Fitzpatrick">Tom Fitzpatrick</keyword>, this is exactly where you want it to be if you're a gold bull.</p>
<p>Eric King of <a href="http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/2/15_Fitzpatrick_%26_Greyerz_-_Fantastic_Gold_Chart_%26_Commentary.html">King World News</a> has a clip from Fitzpatrick's latest note.</p>
<p>“We believe we have just reached the ideal pivot for gold to form a base and move higher as it did after the 16 month consolidation in 2006-2007," wrote Fitzpatrick who now has a<span class="style"> </span>“...a minimum (price) target of $2,055-$2,060.”</p>
<p>Here's Fitzpatrick's chart:</p>
<p><div class="image-container click-to-enlarge" style="width:620px"><div class="image"><a title_source="Citi via King World News" title_caption="" class="zoomin" href="http://static1.businessinsider.com/image/511edc08ecad04d435000016-960/kwn-fitzpatrick-1---.jpg"><span class="click-to-enlarge-icon" title="Click to enlarge"></span><img src="http://static1.businessinsider.com/image/511edc08ecad04d435000016-642-535/kwn-fitzpatrick-1---.jpg" border="0" alt="gold fitzpatrick" width="620" /></a></div><p class="source"><a href="http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/2/15_Fitzpatrick_%26_Greyerz_-_Fantastic_Gold_Chart_%26_Commentary.html">Citi via King World News</a></p></div></p>

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CITI: Gold Has Fallen To A Pivot Point, Minimum Price Target Now $2,055

Reuters via YouTubeCiti's Tom FitzpatrickGold fellow below $1,600 on Friday. This is a six-month low. According to Citi technician Tom Fitzpatrick, this is exactly where you want it to be if you're a gold bull. Eric King of King World News has a clip from Fitzpatrick's latest note. “We believe we have just reached the ideal pivot for gold to form a base and move higher as it did after the 16 month consolidation in 2006-2007," wrote Fitzpatrick who now has a “...a minimum (price) target of $2,055-$2,060.” Here's Fitzpatrick's chart: Citi via King World News

Reuters via YouTubeCiti's Tom FitzpatrickGold fellow below $1,600 on Friday. This is a six-month low.

CITI: Gold Has Fallen To A Pivot Point, Minimum Price Target Now $2,055

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