Gold Breakout to Record High, Traders Got the Early Call from investingLive.com

Gold Technical Analysis, Gold Breakout Delivers Fresh All Time High

Gold has surged to a fresh all time high, extending gains after the breakout was first reported by investingLive (formerly ForexLive.com). A powerful mix of fundamental drivers and clear technical signals has pushed gold prices into record territory, confirming that the yellow metal remains one of 2025’s top performing assets.

Why Gold Is Hitting New Records

Trade tensions are back in the spotlight after U.S. President Donald Trump doubled tariffs on Indian imports, sparking fears of a broader global trade escalation. That’s classic safe haven fuel for gold, and the impact was even stronger as a weakening rupee pushed Indian gold prices above ₹1.02 lakh per 10g, setting a historic milestone in one of the world’s biggest bullion markets.

Weak U.S. economic data has added more momentum. A disappointing jobs report and rising unemployment sent expectations for a September Federal Reserve rate cut surging—from around 37% to over 90%—lifting gold toward $3,418/oz, according to Investopedia.

China’s central bank has also been steadily adding to its gold reserves, underpinning demand in the precious metals market. With strong fundamentals already in place, gold prices had been pressing up against the $3,400 resistance zone until this breakout pushed them into uncharted territory.

Adding to the bullish tone, Citi upgraded its three month gold forecast to $3,500 per ounce, citing U.S. economic weakness, dollar softness, geopolitical risk, and robust investor appetite for the metal.

Gold Bar Tariffs Could Lift Prices Further

The United States has imposed tariffs on imports of one kilogram and 100 ounce gold bars, disrupting traditional bullion flows through Switzerland, a major refining hub.

This policy change could support higher gold futures and spot prices for several reasons:

1. Physical Buyers Face Higher Costs – Rising import costs may lead physical buyers to reduce purchases or turn to futures and ETFs.

2. Supply Chain Tightness – If Swiss refiners scale back exports, global bullion availability shrinks, adding upward pressure to prices.

3. Safe Haven Boost – In a climate of macro uncertainty, reduced supply risk makes gold even more attractive to investors and central banks.

Gold’s Performance Across Timeframes

Gold’s rally is not just a short term spike, it has been building for months:

• 1 Week: +4.31%

• 1 Month: +3.64%

• 3 Months: +4.85%

• 6 Months: +20.51%

• Year to Date: +31.42%

• 1 Year: +42.68%

At the time of writing, COMEX Gold Futures (GC1!) are trading at $3,488.7 per ounce, up $35.0 (+1.01%) on the day, within an intraday range of $3,479.5 to $3,534.1, the same as the new 52 week high.

Breakout Call from investingLive Delivers

Yesterday, readers at investingLive (formerly ForexLive) received a perfectly timed breakout call in the article “Gold Breaks Out. And This Chart Proves Technical Analysis Simplicity Still Works“.

The technical analysis can still be simple and this is what it looks like with the new ATH, on the 4 hourly chart:

Who says ‘simple’ can’t be ‘powerful’ in technical analysis, right? You don’t always need another 5 indicators on your chart.

The move played out exactly as outlined. Gold blasted through long term resistance, clearing its previous all time high and racing to $3,534.1. This is a textbook example, much like a bull flag breakout that moves beyond the flagpole’s prior high, showing that even simple chart setups can identify powerful opportunities when supported by fundamentals.

Gold Traders and Investors Should Know…

• Fundamentals and Technicals Are in Sync: The combination of macro weakness, central bank buying, tariff driven supply disruption, and a confirmed breakout creates a strong bullish foundation.

• Upside Momentum Is Strong: A sustained close above $3,500 could open the path toward $3,550 to $3,600 in the near term.

• Manage Risk: Even in a bullish trend, profit taking or unexpected policy headlines can trigger sharp pullbacks, so disciplined risk controls are essential.

Disclaimer: This analysis is for informational purposes only and is not financial advice. Trading and investing in gold and other precious metals involve risk, and you should conduct your own due diligence before making investment decisions.Where’s gold going next? Stay tuned for the expert opinions at investingLive.com