Gold Price Forecast – Prices Must Hold $3,800 Next Week - FXEmpire

AI desk brief

• FXEmpire says gold must stabilize and reclaim $4,000 next week to support a bottom after retesting its October low. Consecutive closes below $3,800 would confirm a breakdown toward $3,500, potentially culminating in a December low.
• Silver has not confirmed gold’s weakness; consecutive closes below its lower trendline would establish a breakdown. Platinum also remains unconfirmed; progressive closes above its cycle trendline would strengthen its bottoming case.
• GDX failed its trendline backtest near $86, but the author retains a temporary-pullback view unless gold sustains a breakdown below $3,800. GDXJ closed below $100, exposing gap support near $95.