No write permissions for the selected cache path

I log into Davinci 16 and update it. The new version installs and when I make a project and open it, I get this:
"DaVinci Resolve does not have write permissions for the selected cache path. Ensure that permissions are setup correctly for the path C:\Users\Alex\ Videos\DaVinci Resolve\Media Storage\CacheClip Alternatively, you can update the cache path in Project Settings under Master Settings."

In preferences, my media storage goes to: C;\Users\Alex\Videos\DaVinci Resolve
Davinci Resolve

My cache file location is:C:\Users\Alex\Videos\DaVinci Resolve\Media Storage\CacheClip
My gallery stills location is: C:\Users\Alex\Videos\DaVinci Resolve\.gallery

I've checked all folders and they have permission to read and write for my user. (I'm the only one) I've also uninstalled and re-installed it but it keeps all my projects and data so idk.

Please help I'm pretty new to this. Also, If there is a way I can delate all of its data, I will because I have no Projects or anything in Davinci Resolve 16.

PC Specs:
Windows
NVIDIA GTX 1660
AMD ryzen 7 3700x
16gb Ram

You're using an Admin account? (If not, do so.)

You're using an Admin account? (If not, do so.)

Yes, there is only one account and its me

Being the only account doesn't necessarily mean it's an Admin account. You're certain it is?