Gold Holders, This Is How Long You Might Have to Wait

AI-generated source summary

The analysis focuses on gold's historical performance, particularly its drawdowns from all-time highs. It highlights four major drops since 1980, with recovery times ranging from 1.5 to 28 years. The most recent drop, which began in January 2026 at a price of 5513.20, saw gold fall to 4125.66 (a 25% decrease) by October 2026. The analysis suggests this drop may be a "pause" within a larger bull market, similar to the 2008 and 2020 corrections, rather than an "end" of a long-term trend, which historically took much longer to recover from (e.g., 1980 and 2011 events). The speaker's Elliott Wave count indicates a correction inside the bull market, with a potential next move up targeting 6200 or higher. The critical level to watch is the June low near 3940. If gold holds above this level, the bull market is likely intact. If it breaks below, it could signal a deeper correction. The timeframe for recovery is estimated between summer 2027 and spring 2029 if it's a "pause", or mid-2030s if it's an "end". The current trend is seen as short-term under pressure but within a larger bullish framework.

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