I don't have any answers for you except to say that I clearly remember seeing a chart in one of his posts showing a channel on gold going down to $700. I don't know why you think Socrates is perfect at calling things - it isn't. He also emphasizes in his forecasts that time plays a critical role - probably the most important role.
So Armstrong is posting his views on gold in his blog which is free. He gave his rationale behind his calls and you have to decide if he's right or wrong. He did sell a gold report and that may have said something different. There is so much going on behind the scenes with the global economy that I don't know of any human can keep up.
Gold may stabilize around this number - but another person I read that has been 100% accurate on their forecasts says gold is going down a lot more, and silver could go below $10. Doesn't feel like it right now but their long-term charts are pretty straight forward. Another person who has been sometimes right says gold will be $2200 by the end of the year. Another person says bitcoin will go to zero and another one $200,000.
Probably doesn't give you the concrete answer you want - but since I am really not Martin Armstrong, that's my take.