Let me clarify first: I personally have several million in gold positions, so I do pay close attention to the price trends of this asset. However, I mainly use my own star-line observation method for analysis, and I basically don't look at news or headlines—I just do cycle projections. This is not trading advice, since I’m not the type who monitors the market and updates every day.

Looking back at the sideways movement in 2020, I interpret it as an accumulation zone—like pulling a bowstring. Based on this logic and projecting forward, the target levels calculated for March to April 2024 are around 4370 and 4737. The price has already come up quite a bit, and several new time reversal points are starting to emerge: May 19, 2025, October 28, 2025, and November 3, 2025—these dates are worth watching.

I’ve compared the price points to the star lines, and as for those aggressive market calls for above 5000, I haven’t seen a path to that for now. Structurally, the highest I see for a pullback is only around 4700. So chasing longs at this level is clearly much riskier than getting in at lower levels. You need to have a clear sense of where the highs and lows are.

Going forward, gold’s volatility will likely be very dramatic. When it’s rallying, everyone will be calling for 5000 or even 10000, and as soon as it drops, they’ll start calling for 2000. These extreme forecasts are generally unreliable—the key is not to rush in and take over someone else’s position when emotions are at their peak.