Gold hit a major price wall on 17 October 2025 after breaking above $4,000 and trading between $4,278 and $4,362.43. The move caps gains of 19.72% in a month and 60.31% year-on-year, sharpening focus on chart levels that will decide if the long-term uptrend holds. The outcome shapes positioning for futures traders, corporate treasurers and anyone using bullion as a safe store.
Price is confronting a seller-used band near $4,274 that may signal buyer fatigue. If upside pressure persists, the next ceilings appear at $4,300, $4,320 and $4,335, with farther targets near $4,378–$4,380 and, in bolder cases, $4,423.53. The RSI at 87.6 shows extreme strength, the MACD has crossed upward and small bull flags support momentum, yet they also warn of a possible short-term pullback. Analysts note that only a steady perch above these zones will reveal whether this is a brief spike or the start of a longer climb.
Macro drivers add fuel to the bid—armed conflicts, expectations of Fed rate cuts, a weaker dollar and steady central bank purchases—reinforcing gold’s hedge role and reducing the penalty of holding a non-yielding asset.
What will be the ceiling for the price of gold?
The price range between $4,378 and $4,380 is emerging as a critical resistance level. A sustained break above this zone could attract fresh long interest in both futures and perpetual contracts, potentially boosting open interest and enhancing overall market liquidity. However, if the price fails to hold above this level, the overextended Relative Strength Index (RSI) suggests a high risk of profit-taking and a possible short-term pullback.
As of October 17, 2025, the asset is trading between $4,278 and $4,362.43, reflecting a sharp 19.72% gain over the past month and an impressive 60.31% increase year-over-year.
Looking ahead, major institutions remain optimistic. ANZ forecasts the price reaching $4,400 by the end of 2025, while Bank of America and Goldman Sachs project targets between $4,900 and $5,000 by 2026. Longer-term, InvestingHaven offers an even more bullish outlook, estimating a potential rise to approximately $5,155 by 2030. These projections suggest continued confidence in the asset’s structural growth trajectory despite short-term volatility.
The next test is clear: can gold hold above $4,378–$4,380 after probing $4,274? A daily close in that upper zone would give fund managers and traders the clearest confirmation that a wider bull leg is underway.
