Gold prices surpassing technical indicators, with a forecast to reach $5,700 by early 2026

SchrodingerAirdrop · 2026-01-13T08:09:05+00:00

Since mid-December, gold prices have surpassed symmetrical triangle resistance, showing a rise of over 6% month-on-month. Analysts suggest the potential for prices to reach between $5,300 and $5,700 by early 2026, though adjustments may occur in late January. Geopolitical risks and currency devaluation are supporting these price movements, while traders are also focusing on volatile assets like altcoins.

SchrodingerAirdrop

2026-01-13 08:09:05

Abstract generation in progress

After mid-December, the gold market broke through the resistance of the symmetrical triangle and recorded an increase of over 6% compared to the previous month. Market participants analyze that, given a similar technical breakthrough occurred in August and led to a 30% rise over the following 51 days, this movement also suggests a significant potential for further gains.

As for the outlook closely watched by multiple analysts, it is pointed out that gold prices could reach a range of $5,300 to $5,700 by early 2026. However, a correction phase is also expected from mid to late January, and caution is advised regarding short-term volatility.

Geopolitical Risks Support the Market

The background supporting the rise in gold includes its role as a safe haven amid increasing global uncertainty. Pictet’s Aaron Seie points out that in an environment where currency devaluation progresses, gold functions as a means of preserving value, which is a factor supporting its current steady movement.

Meanwhile, among traders, there is an active trend of monitoring not only the direction of the gold market but also the price movements of highly volatile assets such as altcoins. This indicates that the interrelationship between risk assets and safe-haven assets is becoming more complex.

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