I AM PROJECTING A PRICE RETRACEMENT ON GOLD TO 1800 LEVEL BEFORE THE US ELECTIONS . THE 1800 LEVEL WILL BE A GREAT OPPORTUNITY TO LOAD UP SOME BUYS TO TAKE GOLD TO A NEW HIGH OF 2200 AT THE BEGINNING OF 2021.
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WE MAY SEE PRICE PUSH TOWARDS THE 1925 LEVEL BEFORE WE SEE A MAJOR DIRECTION TO THE 1800 LEVEL.
The Fibonaccis area reasoned, I often use myself, thanks for sharing.
GoldProTraders
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@VincePrince, Yes its a great tool if used to precision. I have measured the March retracement and Im projecting it follows a similar pattern to 1800 level.