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Three weighted scenarios, published before the session they cover, settled on the New York close, with the verdict posted the following morning above the next forecast.
We are not calling this right yet. The weekly forecast settles on the Friday 25 September close, and four sessions remain.
One session is not evidence. If the week closes above $4,420 we will write “we were wrong” in the same place, on Saturday.
Published before the week opened, against a Kitco survey that came back 16 bullish out of 16 — the most one-sided reading of this cycle.
What would prove us wrong: a daily close above $4,450 with the US 10-year yield below 4.90%. That was published with the forecast, not added afterwards.
| Level | What it is |
|---|---|
| $4,541 | 200-day moving average — the ceiling nobody has cleared in months |
| $4,432–4,445 | Near-term resistance |
| $4,401 | Friday’s high |
| $4,320 | 100-day moving average — the support that matters |
| $4,300 | Floor of the range-bound band |
A daily close above $4,450 with yields under 4.90% confirms the bullish case. A break of $4,320 says the advance was position-covering and nothing more.
Local prices track the international ounce through the EGP rate. At the moment the conversion factor between the ounce in dollars and a gram of 21K in Egyptian pounds is roughly 1.462, so our published range for 21K at the end of this week is EGP 6,140–6,637, most likely EGP 6,286–6,461 if the currency stays where it is.
Every report since 30 August 2026, on its own dated page, unedited. Reports are written in full in Arabic; English editions are rolling out from here forward and the archive is being translated. The links below open the Arabic page for that date — every figure quoted in English on this site appears there, on the date it was published.