Gold appears to be following its historical cycles.
If past cycles are taken into account, there is a possibility that gold could continue moving upward, and in the long term, levels as high as $8,000 per ounce may be seen.
Investors who have been holding gold for a long time may consider placing partial or phased sell limits at higher ranges to secure potential profits.
According to current technical and cyclical data, the next 1 to 2 months may remain bullish for gold. However, it should be noted that further price increases will depend on volume and market participation, so the intensity of the pump may not remain consistent.
Historically, after a bullish phase, gold tends to experience a significant correction. In the current cycle as well, once the pump phase is completed, there is a strong possibility that gold could see a noticeable decline in the following months.
For this reason, I am not adding new gold positions to my portfolio at the moment. Re-entry will be considered only if gold drops to $3,500 or below in the future, which could represent a long-term value zone.
Furthermore, historical data suggests that a major bullish move in gold typically lasts for around 4 years, followed by a major crash or deep correction of about 60–66% within the next 2 years.
The current uptrend began in 2022, and if this cycle repeats history, 2026 could potentially be the final year of this uptrend, after which gold may experience a sharp and deep downtrend.
