Commercial Traders pushed gold to the downside on March 12-13, 2020 to reach a closing price of $1529.75. This move was previously expected to be complete by the first week of April, as noted on February 29, 2020. Gold is now expected to return to $1690 (+/-2%) by April 17, 2020 in preparation for a move to the $2,100 range by November, 2020. Long term preliminary calculations show gold should reach $4000 by January 2022. Volatility will increase as the price moves higher.
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