The Truth Behind Gold's $10,000 Price Tag: Joe DiNapoli and EBC Set the Record Straight

As 2025 unfolds amid a swirl of geopolitical flashpoints, fiscal risks, and global market dislocations, the question of gold's future looms larger than ever. Could it really hit $10,000 an ounce？ Legendary technical analyst Joe DiNapoli has weighed in — and alongside EBC Financial Group, he is challenging the hype with methodical insight.

At a recent seminar titled "Analysing Gold Trends for 2025 with The DiNapoli Method," hosted in Bangkok by Fintrade Club and supported by EBC, DiNapoli offered a grounded forecast, drawing directly from his proprietary Fibonacci-based technical system. The session attracted traders, analysts, and DiNapoli followers eager to hear his thoughts in an increasingly unpredictable climate.

Putting Gold's Role into Perspective

DiNapoli made it clear: gold still deserves its reputation as a safe haven. With the world facing "a convergence of crises" — including the Russia-Ukraine conflict, rising tensions in South Asia, and ballooning US fiscal deficits — he pointed to gold's role as a dependable store of value.

He emphasised that the sheer scale of US debt is becoming unsustainable, raising serious questions about long-term dollar dominance. These macroeconomic pressures, DiNapoli argued, continue to justify a bullish stance on gold, especially for risk-conscious investors.

Why $10,000 Is a Stretch

Speculative calls for gold to reach astronomical levels have gained attention online. However, DiNapoli brought a reality check: he placed only a 10% probability on gold hitting $10,000 per ounce. Instead, he suggested traders focus on the more plausible range of $3,720–$4,200 in the medium term, identifying this as a resistance zone to watch.

In his words, while the upside potential exists, it should be met with patience and discipline. The key is not chasing extreme forecasts but recognising tactical levels to act on.

Navigating Volatility with Structure

Using time-based DiNapoli Levels across annual, quarterly, and daily charts, the seminar illustrated how traders can analyse gold's behaviour with structure and clarity. DiNapoli highlighted that while the long-term outlook remains bullish, short-term volatility is here to stay — with daily fluctuations possibly reaching as much as $500 per ounce.

Joined by Mr. Monchai Kongthanapakdi, Thailand's foremost DiNapoli method mentoring expert, the session offered live insights and practical chart breakdowns that helped attendees visualise and interpret these dynamic patterns.

And despite growing global interest in alternatives like the Chinese yuan or digital assets, DiNapoli doubled down on gold's enduring position: "There is no safer place than gold."

A Bearish Pivot on Equities

Interestingly, the event also revealed a shift in DiNapoli's broader market strategy. For the first time in years, he has started building short positions in global equities. Though he refrained from offering detailed projections for Thailand's stock market due to limited data, he did indicate that local markets are likely to mirror broader global movements.

This pivot highlights the growing divide between asset classes, with DiNapoli signalling caution in risk assets even as gold continues to appeal to investors seeking stability.

Staying Grounded Amid the Gold Rush

At EBC Financial Group, we are committed to supporting informed, research-backed trading. Events like these are part of our ongoing efforts to foster education and transparency in financial markets. By partnering with global experts like Joe DiNapoli, we aim to equip traders with the tools and insights they need to navigate complexity with confidence.

Gold may remain volatile, but with sound strategies and disciplined analysis, traders can make better decisions — not just based on hype, but on hard evidence.