Gold to $4,000 in 2025
The comments below are an edited and abridged synopsis of an article by Jordan Roy-Byrne
Roy-Byrne has been writing about gold’s super bullish cup-and-handle pattern and the future breakout for years. It is coming and with it, a new cyclical and secular bull market, and he believes gold should double within the next two and a half years.
Nearly 18 months ago, he wrote about gold’s cup-and-handle pattern and the historical outcomes of similar patterns.
One important takeaway from the article and history is some historical cup-and-handle patterns moved from their measured upside targets to log targets in six to twelve months.
Gold’s measured upside target is $3,000, and its log target is anywhere from $3,745 to $4,080, depending on how you measure. This may seem extreme, but not when considering gold’s performance during secular bull markets.
Gold during the 2000—2011 bull market achieved 130% to 140% gains in three years at two different points. If we take the 2022 weekly low of $1,645 and apply a 140% gain over three years, we get $3,948 in October 2025.
While breaking out from a multi-decade base (2005) and successfully retesting a 28-year breakout (2008) was significant, Roy-Byrne anticipates breaking out from a 12-year cup-and-handle pattern to new all-time highs offers greater upside potential.
Multiple things point to $4,000 in 2025, but gold could move towards $5,000 before year-end 2026.
We are only in the first inning of what is likely to be an exciting and massively profitable next few years.