gold may hit to 1365-1375$ soon then fallback to 121x's or 1180$ once again this year. target for 2021 : 1500+
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Trade Update : Looks like gold is performing an over-extended trading. Recession might be on way. Other commodities such as silver , platinum , oil etc. doesn't support the gold's rally. Watch 1430$ for short. I think this bull market is going to end soon. it will drop back to 121x$ at least i believe.
That will market decision point. Gold can either reverse from that bottom again or go for a deep dive through 9xx$ levels before the reversal.
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