Silver forming wyckoff distribution pattern , imo it completed phase A and B , to start phase C it needs to toch or break previous support line . I use fib time zone to place the phase C ,D region .
In other case if phase C already started , it breaks previous resistent and fall down.
Most of them think , due to virus most of the investors will see $gold is the safe haven, yes it is but the situation is much differ from what it is in 2008 . Demand for #gold is only from the investors, that's not enough to drive the gold to reach the big targets . I think this April going to pullback the $gold.
“The potential industrial fallout from coronavirus is already leading a number of governments to cut interest rates or add to easing activity, while the U.S. 10-year bond has been dipping in and out of negative territory. This is all positive for gold in a risk-averse environment, although by definition we cannot know for how long it will be before this outbreak...