XAU's supply increased since higher support formed.
XAU in a fibonacci support (BUY ZONE).
Valid breakout at fibo lvl 0.5 will lead xau to lvl 0.618
Correction at lvl 0.618 and breakout will lead xau to lvl 0.786 or higher (lvl 1.0)
Close position when market closing at December 27, 2019
Hold position and SL+ if fibo lvl 0.618 has a valid breakout
Explained on the chart
LAST TARGET still make sense for a long term bitcoin investment.
Nobody know where is the maximum bitcoin price after halving on May 2020.
My third target prediction reached after bitcoin halving based on Fibonacci extension