Gold has already started the new bullish cycle

Medium-term Gold forecast.

The corrective cycle that started 2 years ago has finally ended, and we have already started the new bullish cycle. This cycle is wave 5 (orange) and is expected to reach at least the 2,100 level.

We bought Gold when the price was in the Inflection Zone (green area). At this moment, we are risk-free and waiting for the confirmation of the bullish sequence to try to enter again, targeting smaller timeframes corrective cycles.

We will keep you posted when this opportunity appears.

Have a fantastic trading day.