I've gone long on gold at 3994. (ethereum: 0x68749665ff8d2d112fa859aa293f07a622782f38) Bank of America's most pessimistic scenario suggests a potential drop to $3750 in the fourth quarter. Conversely, UBS's year-end target price for 2026 is $4600, and Goldman Sachs' target price is $4900. The core reason is that structural buying hasn't disappeared; central banks around the world have been buying aggressively. I believe gold has bottomed out in the short term, and $4000 is a fairly good support level, creating a demand for upward movement.