Is gold price heading to record high?
After dropping back from its best ever levels, the yellow metal has resumed its upward trajectory. Independent analyst Alistair Strang has another look at potentials.
11th December 2025 07:43
by Alistair Strang from Trends and Targets
In October, we gave a target of $4,384 for gold. The product bubbled upward to around $2 shy of our target before experiencing some reversals, making the first half of our drop scenario come true.
The lacklustre behaviour of gold since it slightly failed to reach our upper target is interesting, though we’re hesitant to imply the miss by such a small margin is important, given it was only 0.045% away. But if we treat the miss as a miss, we need look for potential weakness ahead.
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On the negative side of life for gold, as indicated by the 0.045% miss from target which is supposed to suggest weakness, now below $4,045 risks triggering reversals to an initial $3,788 with our longer-term secondary, if broken, down at an eventual bottom at $3,590.
But very recent movements, doubtless provoked by fairly useless interest rate changes, suggest the markets may choose to remain defensive, allowing gold to go even higher.
Apparently, now above $4,260 should trigger gains to an initial $4,373 with our longer-term secondary, if bettered, an all-time high of $4,556. We suspect gold intends to head higher.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
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