We all remember what happened in March 2020 when the price dropped 175 $ in two weeks due to Covid-19 news interrupting the Bullish trend in process , i believe technical analysis and fundamentals must be taking into account when building a good price projection , however all i see now is a chaotic price action with no Fundamentals or technical facts to support (Bullish neither Bearish) rather than speculation (Greed or Fear) and while in those circumstances many lose money i see this as a great opportunity to buy and wait because gold was never on the losing side on long runs .