In general, I don't like to predict price and especially in the uncertainties of the broader economic environment. At some point, the dollar is gonna crash. See this lengthy discussion by Jim Willie:
We live in strange and dangerous times. I hope the economy holds together long enough for MVIS to fulfill some of its promise so I can buy lots more gold with the profits before it all comes down.
This is an actual market, not a made-market a la OTC.
MM's knew it so they were pushing it down for people to cover, then started buying eod, and there was no liquidity so they started hitting the ask and boom there she goes.