JP Morgan and Morgan Stanley Predict Continued Rise in Gold Prices
Gold Price Predictions: JP Morgan forecasts gold prices to average $5,055 per ounce by Q4 2026, while Morgan Stanley has revised its prediction to $4,400 per ounce, both anticipating a surge despite a recent drop in prices.
Catalysts for Price Increase: Both banks attribute the expected rise in gold prices to anticipated interest rate cuts by the Federal Reserve, which historically lead to increased gold investment as returns on cash and bonds decline.
Economic Factors: Slowed U.S. economic growth is seen as beneficial for gold, as it typically weakens the U.S. dollar, prompting investors to move towards gold as a safer asset.
Current Performance: Gold has been one of the best-performing assets in 2025, appreciating over 50% this year, with strong demand driven by ETF buying and central bank purchases.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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