Gold Delivers as Expected: $4,750 Achieved, $7,040 the Next Long-Term Target

Gold Price Outlook: Strong Trend Validation

Gold has delivered precisely as expected, validating its long-term bullish structure. In our Samshot dated 3 September 2025, gold was highlighted around $3,540, with a projected upside target of $4,750. That objective has now been successfully achieved, reinforcing the strength of the prevailing trend and the reliability of the underlying technical setup.

The sharp move higher reflects not just technical momentum but also a confluence of supportive macroeconomic and geopolitical factors, positioning gold firmly as a long-term strategic asset rather than a short-term trading opportunity.

Technical Analysis: Why the $4,750 Target Played Out?

From a technical standpoint, gold’s rally has been underpinned by a clean breakout above long-term consolidation zones, followed by sustained higher highs and higher lows. Fibonacci extension analysis played a key role in identifying the $4,750 level, which aligned with major long-term projections derived from the prior secular up-move.

Price action respected key retracement supports during interim pullbacks, indicating strong demand at lower levels. The ability of gold to sustain above these supports confirmed that the broader uptrend remained intact throughout periods of volatility.

Macro Drivers Supporting Gold’s Long-Term Strength

Gold’s move has been reinforced by several structural tailwinds:

• Persistent geopolitical uncertainty, keeping safe-haven demand elevated
• Structurally high fiscal deficits across major economies, raising concerns over currency stability
• Strong central bank buying, particularly from emerging markets seeking reserve diversification
• Supportive real interest rate environment, reducing the opportunity cost of holding gold

Together, these factors have created a durable backdrop for gold, allowing technical breakouts to translate into sustained price appreciation rather than short-lived spikes.

What’s Next for Gold? $7,040 on the Radar?

Looking ahead, while short-term consolidations are likely after such a strong run, the broader technical structure remains constructive. Based on Fibonacci extension analysis, the next major long-term target zone is placed near $7,040. This level represents the next significant milestone in the ongoing secular uptrend.

Any near-term corrections or range-bound phases should be viewed as part of a healthy market process, helping reset momentum rather than signalling a trend reversal. As long as gold continues to hold above its key long-term support zones, the bullish bias remains intact.

Investment Strategy: Gold as a Portfolio Anchor

Gold continues to prove its value as a long-term portfolio anchor—offering diversification, inflation protection, and resilience during periods of macro uncertainty. Rather than chasing short-term moves, investors may consider using tactical pullbacks to gradually build exposure within a multi-year investment horizon.

Volatility driven by shifts in real yields, changes in risk sentiment, or easing geopolitical tensions may lead to interim corrections. However, unless there is a structural shift in macro conditions, such moves are likely to remain corrective in nature.

Conclusion

With the $4,750 target achieved as projected, gold has once again demonstrated the strength of its long-term technical and fundamental foundation. The broader roadmap continues to point higher, with $7,040 emerging as the next major objective over the cycle. In this context, gold should be approached not as a short-term trade, but as a strategic allocation within a diversified long-term portfolio.