Gold has reached an important level of supply in the price range of 2030 to 2040. Serious supply is expected at this level. We have the possibility of a price decrease from this level.
On the other hand, there are serious demands at the level of 1970 to 1980.
The opposite scenario for the increase in the price of gold in the medium term is a severe impact of the price to the level of 2040 to 2050. Gold needs to conquer the region of 2030 to 2040 to increase the price further.