GOLD - Monthly breakout retest may confirm multi-year bull cycle

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Hello everyone, what are your thoughts on the long-term outlook for XAUUSD?

Looking at the monthly chart (1M), we can clearly see that XAUUSD has broken out of the long-standing ascending channel that has held since 2015 — a major signal suggesting the start of a new bullish cycle. Price is now retesting the previously broken trendline, hinting at the possibility of a fresh upward leg to resume the longer-term bullish trend we've seen recently.

Personally, I'm targeting $3,600 in the medium term, and potentially $4,000 by 2026–2028 if institutional capital continues to rotate back into safe-haven assets like gold.

What about you — do you think BTC/USD will rise or fall in the coming years?
And what’s your target for it?
Note
What about you — do you think XAUUSD will rise or fall in the coming years?
And what’s your target for it?

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