Gold prices have surged 6% since December 11, breaking out of a symmetrical triangle pattern. Analyst Rashad Hajiyev highlights that a similar breakout in August resulted in a 30% increase over 51 days. He predicts gold could reach between $5,300 and $5,700 by early 2026, with a consolidation phase anticipated in mid- to late January. Geopolitical risks are cited as a significant factor, with Pictet’s Aaron Say emphasizing gold's role as a hedge against currency devaluation. Meanwhile, traders are also monitoring altcoin movements amid evolving market conditions.