What is the predicted price target for XAUUSD in the next week?

The predicted price target for XAU/USD in the next week is $3,400.

This conclusion is based on the following points:

1. **Gold Price Forecast**: The forecast for gold prices in the near term is bullish, with expectations that the price could reach $3,675/oz by the fourth quarter of 2025 and potentially climb toward $4,000/oz by mid-2026.
2. **Market Sentiment**: Geopolitical risks and economic uncertainties are driving investors to seek safe-haven assets like gold. The recent ceasefire between Israel and Iran has provided a temporary de-escalation, but the fragility of the ceasefire and broader regional stability continue to support safe-haven demand for gold.
3. **Federal Reserve Policy**: The Federal Reserve's dovish stance and the possibility of interest rate cuts are bolstering gold's appeal. The ADP employment data's unexpected weakness has fueled expectations for rate cuts, which could lead to increased demand for non-yielding assets like gold.
4. **Technical Analysis**: The XAU/USD pair is currently trading near the $3,350 level, with a potential to test the $3,400 mark. The price is also expected to find support at the $3,232-$3,202 level, which is a major buying zone based on Fibonacci levels and long-term support.

Considering these factors, the predicted price target for XAU/USD in the next week is $3,400, with the potential for further upward movement if geopolitical tensions escalate or economic data disappoints.