WyckoffMode

$1,674.90 is Target. Not Sure if by Mid February or Mid April.

Long
WyckoffMode Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
We do see a CHANCE of a decent drop (dip) in mid February before continuing with upward pressure that's likely to continue till mid April, 2020. This is ONLY a LONG TERM analysis. NOTHING in this publication refers to very low time frames. This is simply to point out upward pressure may likely continue to mid February before a brief dip then MORE upward pressure to mid April, 2020.
Comment:
The example provided in the chart above COULD CHANGE; depending on how high we move up to mid February. This is ONLY to provide an example of where we could go for our high in mid February before a brief dip and continue with upward pressure to Mid April.
Comment:
Notice the pattern with the 0.786 and 0.0 to find the 1.618 FIB Extension?



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