RoboForex Team
Well-known member
XAUUSD has fallen more than 26% from its all-time high
Gold prices remain under pressure amid growing expectations of further monetary policy tightening by the US Federal Reserve, currently standing at 4,114 USD.
Technical outlook
The XAUUSD forecast for 21 October 2026 suggests the downtrend will continue, with prices potentially falling to 3,970 USD.
Gold remains primarily influenced by the high probability of another Fed interest rate hike in December.
Read more - Gold Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
Gold prices remain under pressure amid growing expectations of further monetary policy tightening by the US Federal Reserve, currently standing at 4,114 USD.
Technical outlook
The XAUUSD forecast for 21 October 2026 suggests the downtrend will continue, with prices potentially falling to 3,970 USD.
Gold remains primarily influenced by the high probability of another Fed interest rate hike in December.
Read more - Gold Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team