GOLD new phase

4 בפבר׳ 2020

After making several tops in the zone of 1590-1600, the price has broke the uptrend in short term (blue line), meaning that a new phase in gold can occur. We are expecting to see a retracement, getting fibonacci ready. After this, the wave 3 can appear reaching the lowest price in year 2020 (clavicular line) , or reaching the uptrend in long term (lighter blue)