chart is monthly chart , AC turn red
2 scenario gold can go
1- 30% break low and go to fibo 61% around 1500
or 70% break upper trend and fly up to fibo 161% around 2500$
prsonaly i predict 2nd scenario becouse gold main trend is +++ and and GOLD LOVE GO UP
ALERT=dont forget put SL on day high,low , if you cant put SL soon or late you will loss (this need 3-5 year demo practice)
2 scenario gold can go
1- 30% break low and go to fibo 61% around 1500
or 70% break upper trend and fly up to fibo 161% around 2500$
prsonaly i predict 2nd scenario becouse gold main trend is +++ and and GOLD LOVE GO UP
ALERT=dont forget put SL on day high,low , if you cant put SL soon or late you will loss (this need 3-5 year demo practice)