Gold has formed a beautiful bull flag in its monthly timeframe since 1999; which is retraced to Fibo 0.5 in 2015 and made a base around $1,050-1,150. Then price has followed 75% of an identical fractal pattern (from 1999-2012) with the base at 2015... and if we consider that it will follow the rest 25% of this fractal, it should take us somewhere between $3,253-4,632 by 2025. Putting this together with the huge amount of $ liquidity issued during COVID, a target near $3,800 makes a real sense for Gold. Good luck, stay safe.