As Gold (XAUT) price slipped below its 2026 opening value of about $4,324 per ounce, Finbold AI Agent – an advanced financial assistance tool – predicted its further sell-off over the coming 60 days.
On June 10, Finbold AI Agent predicted that Gold price could fall by an average of 2.68% over the next 60 days. As such, the Finbold AI Agent anticipate Gold price per ounce to reach an average target of $4,050.2 on August 9, 2026.
The Finbold AI Agent leveraged several Large Language Models (LLMs) – including Claude Opus 4.6, DeepSeek Chat, and Grok 4.1 – to generate this Gold price prediction. Additionally, this AI tool used several technical indicators, including the Moving Average Convergence Divergence (MACD), the Relative Strength Index (RSI), and the 50- and 200-day Simple Moving Averages (SMAs).
Claude Opus 4.6 predicted that Gold price could rise 6.21% during this period to hit $4,420. Grok 4.1 forecasts that the asset’s price could drop by 7.47% to reach a target of $3,850 on August 9, 2026.
Gold price analysis and outlook
The AI could be forecasting further downside in Gold price over the next two months following a technical breakdown. Since hitting its all-time high (ATH) of approximately $5,598 per ounce earlier this year, the asset has been forming a downtrend.
From a technical analysis standpoint, Gold price has consistently closed below the 200-day Moving Average (MA). With the asset having retested a breakdown of a crucial support level around $4,550 per ounce, Gold price could drop towards the lower boundary of its falling channel.
As such, the asset could fall towards a target range of $4,098 to $3,800 per ounce, according to analysis shared by Aksel Kibar, a former fund manager, which coincides with the AI’s prediction over the next 60 days.
