GOLD Price Analysis - Long Term Target $ 2600

Hello everyone,

I would like to take a very long-term look at gold.
I am looking at this gold trade as a hedge for my portfolio!

- Gold should be in my portfolio as a hedge against inflation, so I am interested in a very long-term position.
- Gold is still clearly bullish
- Currently the price is in a correction
- I expect prices to continue falling
- I would like to define a zone at which, in my view, it could be worth buying


The plan:

- Have a lot of patience
- I would like to use the golden pocket of the last rally for a very long-term entry
- The lower trend line and the last prominent high are my backup and extend the buy zone.
- It would be conceivable that the target zone would not be reached until 2028.

The buy zone extends from 1509$ to 1395$.
The target zone extends from 2600$ to 2640$.

In this sense,

Greetings & Keep it simple

Max