Gold will hold above $3,900 despite Fed and PCE

Gold will not hit $3,900 during the week of October 26, 2026. Spot gold will bounce back from the $3,975 Friday low to the $4,014.49 level recorded on Monday, and the first daily close under $4,000 on October 23 at $3,996 will prove temporary as the daily closing pivot of $3,940 holds. FOMC rate se…