Gold Price Forecast for Next Week

Gold Price Forecast for Next Week (17th - 21st November 2025)

Following an initial rise the previous week, gold settled lower on Friday in a bumpy trading session, pulled down by a stronger US dollar and risk-averse sentiment. The US dollar is recovering some of its losses as market mood deteriorates, with European share markets falling alongside Wall Street and Asia. Furthermore, hawkish comments from Fed officials have encouraged investors to reduce their expectations of Fed easing in December, providing some support to the US dollar.

MCX Gold December contract has surged marginally towards 1,27,941 and paused its downside momentum. However, coming towards weekend, we have witnessed a decline of -4.81%, nearly fall of -6000 points from week’s peak level and price managed to settle at 123,412. On Weekly chart, price has formed a Bullish Hammer candle. Gold price is still trading in Rising channel, trading over its all key moving averages i.e. 50, 100 and 200-DEMA levels placed at 118380, 118868 and 102544 respectively. Daily SAR is placed at 119,346. Breakout over week's high will add boost to upward momentum in Gold price and next hurdle would be at 130,685.

The momentum indicator, RSI is trailing over 50 level on Daily chart. On MACD, we can observe a bearish crossover above zero-line alongside negative histograms on 4-hourly time-frame.

The overall trend in Gold price is expected to be Moderately Bullish in the coming week, and traders should keep an eye on key US economic data such as Flash Manufacturing and Services PMI and Employment data such as Avg. hourly earnings, NFP and Unemployment rate which are scheduled to be released in next week.

Related Stories

Silver Price Prediction for Next Week: Get next week's latest silver price prediction for border investment.

Natural Gas Price Prediction for Next Week: Check out the price range of natural gas for the next week.

Copper Price Forecast for Next Week: Stay ahead of market trends with next week’s copper price forecast!

Crude Oil Price Forecast for Next Week: Get ready with crude oil price insights for the week ahead!

Register to receive nifty prediction today, bank nifty prediction for tomorrow and Indian stock market prediction for next week, including range, support, and resistance levels.

Prediction given by Technical Research Team - Choice.