# Gold Weekly Outlook

> Gold targets $3,955 after weekly retracement.
- Title: Gold Weekly Outlook · TradingView | Shortify
- Summary: Gold targets $3,955 after weekly retracement. Gold is expected to drop to $3,955 following a retracement into the $4,120, 4,220 zone.
- Keywords: comex_mini, gold, mgc1, price_action, target, pois, yesterday, business, finance, Weekly, Outlook, TradingView
- Source: TradingView — https://tradingview.com/chart/MGC1!/OdbaXTa7-GOLD-WEEKLY-OUTLOOK
- Published: 2026-10-30T13:40:02+00:00
- Read time: 1 min
- Topics: comex_mini, gold, mgc1, price_action, target, pois, yesterday, business, finance
## Gold completes head and shoulders top
Gold has completed a head and shoulders top on the daily chart with four breaks of structure since the September high near $4,750.
## Sellers control price action
Sellers are firmly in control with a price objective of $4,120, 4,220 where gold and silver have stopped moving together.
## Target price set at $3,955
The target price is $3,955, the July lows and resting liquidity, expected to be reached in 2, 3 weeks.
## Key takeaway

Gold is expected to drop to $3,955 following a retracement into the $4,120, 4,220 zone.