Gold Price Forecast: XAU/USD next objectives at $2,250/$2,360 – SocGen

Source Fxstreet

Economists at Société Générale analyze Gold (XAU/USD) technical outlook.

Pause likely short-lived

Gold recently gave breakout above multi-year rectangle denoting resumption in uptrend. It has staged an initial pullback after facing interim hurdle at $2,230 last week. Signals of large downside are not yet visible. Upper part of the pattern at $2,075/$2,065 should be a crucial support zone. 

Weekly MACD is anchored within positive territory highlighting prevalence of upward momentum. The uptrend is likely to persist. Next potential objectives are located at $2,250 and projections of $2,360. Target for the rectangle is located near $2,460.

 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: Why Did Gold Rebound After September PPI Rose by Most in Nearly Four Years? As of the European session on October 16, gold prices (XAUUSD) extended their rebound, with the latest price trading near $4,185, up about 0.4% on the day. Gold prices had previously drop
Author  TradingKey
Yesterday 10: 17
As of the European session on October 16, gold prices (XAUUSD) extended their rebound, with the latest price trading near $4,185, up about 0.4% on the day. Gold prices had previously drop
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - October 16, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 16, 2026. Read on for the details.
Author  Mitrade
Yesterday 08: 58
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 16, 2026. Read on for the details.
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - October 14, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 14, 2026. Read on for the details.
Author  Mitrade
Yesterday 08: 41
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 14, 2026. Read on for the details.
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - October 15, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 15, 2026. Read on for the details.
Author  Mitrade
Yesterday 08: 40
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 15, 2026. Read on for the details.
placeholder
Today’s Market Recap: U.S. Stocks Rebound, Dow Jumps Over 1%, Micron Gains 1.87%, CoreWeave Rallies Nearly 6%Tracking the Market TrendTradingKey - On October 15, Eastern Time, U.S. September PPI data posted its largest monthly and annual gains since 2022, prompting investors to shift from AI tech stocks to d
Author  TradingKey
Yesterday 01: 20
Tracking the Market TrendTradingKey - On October 15, Eastern Time, U.S. September PPI data posted its largest monthly and annual gains since 2022, prompting investors to shift from AI tech stocks to d
Related Instrument
goTop
quote