I am taking a long term sell from here. As you can see from the chart, the fibs align with the major supply and demand points with price touching the highest trend line.
From past Gold behaviour we can see that Gold is bullish during December-January. We have already seen Gold establish support at $1850 meaning it will now be fluctuating around the current price until we see it rise in December. After this we can expect to see Gold rise until $2200. Another reason for this rise might also be the new President Biden during which...
