Gold Price Forecast: Despite muted follow-through, gold’s breakout from last week remains intact, with consolidation inside a bullish pennant suggesting rising odds of an eventual continuation toward new record highs.
XAU/USD forecast for forex traders
Gold Price Update: A Look at the Intraday Chart (Thusrsday, July 10 2025)
Gold (XAU/USD) Price Update: Even after a rough patch earlier this week, Spot Gold pulled off a nice comeback on Wednesday. It climbed back abovethe key 38.2% Fibonacci Retracement level of April’s big rally, hitting $3,297, after briefly dipping below it.
Gold price is pressured by positive risk tone, modest USD uptick
President Donald Trump announced on Wednesday that the United States has struck a trade agreement with Vietnam. The US will impose a lower, 20% tariff on goods imported from the Southeast Asian nation, and the deal will give the US tariff-free access to Vietnam’s markets.
Spot Gold Below $3300 Next Down Side Target Price is $3260——$3207——$3185 (Tuesday, June 24, 2025)
Curious about the next move for spot gold prices? Learn about potential downside targets below $3,300 in this easy-to-read update. – Gold Silver Reports (GSR)
Spot Gold Price fell below $3,360 per ounce (Friday, June 20, 2025)
On Friday 20, June 2025, Spot Gold fell below $3,360 per ounce, nearing a one-week low and heading for its first weekly loss as investors sold bullion to offset losses in other markets amid rising tensions in the Middle East.