Expect Bears Involvement Ahead on Gold

We can see that this is a perfect retracement on 50% fib level as to have another move back to 1450 or even lower level. Remember no liquidation or cash flows gonna attract investors inside the market as COVID tensions still remain the same or even worsen around the world. Newly UK and Australia has came into the major list of Pandemic. So I believe investors will look up for more better lowered price like 1430 or 1360. I have already entered into shorts from 1580 and running in a huge profits. patience kills the pips for sure. Good Luck!