We all remember what happened in March 2020 when the price dropped 175 $ in two weeks due to Covid-19 news interrupting the Bullish trend in process , i believe technical analysis and fundamentals must be taking into account when building a good price projection , however all i see now is a chaotic price action with no Fundamentals or technical facts to support (Bullish neither Bearish) rather than speculation (Greed or Fear) and while in those circumstances many lose money i see this as a great opportunity to buy and wait because gold was never on the losing side on long runs .
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.