Gold Shatters Triangle Pattern: Is $5,700 the Spring 2026 Target?

Gold just broke out. The metal's price action has decisively sliced through a long-standing technical formation, sparking a fresh wave of speculation about its ultimate destination.

The Technical Signal

For chart watchers, the triangle pattern wasn't just lines on a screen—it was a coiled spring. The recent breakout suggests that spring has been released, converting a period of consolidation into potential momentum. These patterns are the bread and butter of technical analysis, often preceding significant directional moves.

Projecting the Path

With the breakout confirmed, the conversation inevitably turns to targets. The analysis points toward a substantial move, with a price objective of $5,700 by Spring 2026. It's a bold forecast that hinges on the breakout's momentum being sustained—no small feat in a market that loves to humble overconfident predictions.

A Provocative Prospect

If this projection holds, it would represent one of the most dramatic rallies in the asset's modern history. It's the kind of move that gets Wall Street's attention, even from analysts usually preoccupied with the next quarterly earnings miss. After all, in a world of digital everything, the oldest store of value suddenly making new highs is a narrative too juicy to ignore—proving that sometimes, the best 'innovation' is a several-thousand-year-old idea having its moment again.

Gold Price Run: Status Update for 2026

According to Rashad Hajiyev, a notable finance expert, gold has recently broken out of a triangle setup and is now steadily aiming to hit new highs. This breakup has already led the gold price to rise by 6% till now, displaying more opportunities for the asset to bank on. In addition to this, gold’s precious breakout resulted in the asset rallying 30% in a span of 51 days.

Hajiyev later adds how the asset may easily break the top $5K spot, hitting $5.7K by March or April 2026 if it continues to rally and MOVE at its current speed and momentum.

However, Hajiyev also predicts a brief January shakeout, a temporary consolidation, that may tip the gold price down before helping it soar later.

Gold broke out from a symmetrical triangle on December 11th and so far gained 6% and day 12.

Previous breakout in the last days of August, resulted in a 30% run within 51 days.

Assuming that gold could run anywhere from 25 – 35%, it could top around $5.3k – 5.7k potentially… pic.twitter.com/xlUXykOSrt

The Asset’s Price Continues To Bank on Rising Geopolitical Uncertainty

Per a recent report by the Financial Times, gold continues to rise, leveraging the current geopolitical tensions as its main driver, fueling its rally.