As noted on 1/6/20, gold hit the $1570 mark on January 5, 2020 at 6.01 p.m. (EST) and was on a path to move sideways in a relatively narrow trading range until mid-February before moving higher into mid-August. On February 4, 2020 Commercial Traders accelerated their schedule by dropping gold $23.83 to 1552.91, near the low end of its short term trading range. Today (February 5, 2020), the engrbytrade gold trading model indicates gold is expected to stay within 1% of the February 4, 2020 closing price before moving up to $1750 by March 19, 2020 (+/- 1 day).
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