I have learned to have a lot of faith in the iron stacatto indication of the Goldtrax. Sump'n dont seem right. Is it possible that jewlry bracelet is fake? Once out of the ground does it still sound off as iron? Does the goldtrax read iron on any of your other 14 Karat jewelry? Am I going to have to start digging iron again just to make sure my goldtrax aint lying to me :-) Also, when you switched to discriminate mode, did you get any signal on the bracelet?