Not Just a Breakout — The Beginning of a New Gold Cycle
What happened last Friday was more than a simple breakout. It wasn’t just a line being crossed — it signaled the end of one phase and the start of another.
When gold breaks out with strength, it rarely moves slowly. In the previous major breakout, price surged nearly 41% within two months. That’s not normal market pace — that’s the rhythm of an advancing cycle, where price doesn’t climb step by step, it leaps.
If this truly is a new cycle, the pattern is familiar:
Early stage: range break, resistance turns into support, momentum funds enter, short covering accelerates. Middle stage: media attention grows, public participation increases, the bullish narrative strengthens. Final stage: sharp acceleration, near-vertical movement, rising volatility.
🎯 Target: 7,000–8,000
If a similar 40% move unfolds again — supported by strong fundamentals and liquidity — a major advance within two to three months would be unusual, but not impossible.
However, explosive rallies are not built on charts alone. They require supportive macro conditions: falling real rates, dollar weakness, financial stress, and institutional buying.
Market psychology typically follows a clear path: doubt, surprise, belief — and eventually, euphoria. And euphoria never lasts long.
One important reminder: not every breakout turns into an immediate explosive run. Sometimes the market retests, shakes out weak hands, and only then begins the real move.
Possible? Yes. Fast? It could be. Guaranteed? Never.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$XAU
Not Just a Breakout — The Beginning of a New Gold Cycle
What happened last Friday was more than a simple breakout.
It wasn’t just a line being crossed — it signaled the end of one phase and the start of another.
When gold breaks out with strength, it rarely moves slowly. In the previous major breakout, price surged nearly 41% within two months. That’s not normal market pace — that’s the rhythm of an advancing cycle, where price doesn’t climb step by step, it leaps.
If this truly is a new cycle, the pattern is familiar:
Early stage: range break, resistance turns into support, momentum funds enter, short covering accelerates.
Middle stage: media attention grows, public participation increases, the bullish narrative strengthens.
Final stage: sharp acceleration, near-vertical movement, rising volatility.
🎯 Target: 7,000–8,000
If a similar 40% move unfolds again — supported by strong fundamentals and liquidity — a major advance within two to three months would be unusual, but not impossible.
However, explosive rallies are not built on charts alone. They require supportive macro conditions: falling real rates, dollar weakness, financial stress, and institutional buying.
Market psychology typically follows a clear path: doubt, surprise, belief — and eventually, euphoria. And euphoria never lasts long.
One important reminder: not every breakout turns into an immediate explosive run. Sometimes the market retests, shakes out weak hands, and only then begins the real move.
Possible? Yes.
Fast? It could be.
Guaranteed? Never.
But if this is truly a new advancing cycle, the pace may exceed the last one — not trail behind it.
#GateSquare$50KRedPacketGiveaway #GOLD