Long term calculations indicate gold is on track to continue moving significantly higher going into 2021. It is expected to reach a peak of 4000 (+/- 2.5%) during the first quarter of 2021.
Note:
As the price of gold continues to move upward, the Federal Reserve will realize that inflation has started moving exponentially higher and will not respond to their short-term actions. This will force the Fed to raise interest rates to extremely high levels, resulting in a collapse of the bond market.