Morgan Stanley’s $4,500 mid-2026 target and Deutsche Bank’s nearly $5,000 forecast make sense to me given the macro setup. As long as gold holds above the $4,200 support zone, I believe the upward trend remains intact, especially with resistance now being tested around $4,245–$4,300.
As for extreme calls like $10,000, I see those as low-probability tail risks that would require major systemic shocks. Based on current fundamentals, the $4,500–$5,000 range by 2026 feels realistic and is broadly aligned with what the major banks expect.
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- icycrystal·12-03 02:57thanks for sharing1Report