Gold Price Breaks Triangle: Is a $5,700 Top Coming by Spring 2026?
Gold has become the focal point of market attention as it shatters records daily, surpassing the $4,500 mark and fueling bullish forecasts. Analysts project further rallies in 2026, with potential to breach $5,700 by spring.
Rashad Hajiyev, a prominent finance expert, notes gold's breakout from a symmetrical triangle on December 11th, yielding a 6% gain. A similar breakout in late August led to a 30% surge in 51 days. If momentum holds, Gold could reach $5,300–$5,700 by March or April 2026.
A brief January consolidation may precede the next leg up, offering a temporary dip before renewed upward trajectory. The metal's technical setup and institutional demand suggest sustained strength.