Gold is at an inflection point.

Gold chart patterns look better to me on the weekly chart. This is a weekly chart above. Gold looks like its breaking out of a down channel and beginning a 3rd drive up. If so, you can see 3 possible targets, 2 based on Fibonacci levels and 1 from a harmonic measured move. They are approximately 1600, 1621, and 1647 with timing projection of mid-March 2020.

Or, what we are seeing is a false break out from the down channel, and price will re-enter the diown channel and go down at least to the 50% Fib retracement at 1432.

I'm just monitoring it at this point until the current inflection point is resolved to one direction or the other.