Gold will have to make a decision soon: Either respect the multiple support on the weekly, which coincides with the highest Fib on the multi-year chart, too, or don’t respect it and set the pace for the quite uncharted territory of the spring 2020 pandemic time.
Disclaimer> This post is informational only. It is not trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk decisions which you and only you are responsible for!
Petros Steriotis, CFTe, MSTA 