{"id":8199,"date":"2025-08-19T12:27:10","date_gmt":"2025-08-19T12:27:10","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xauusd-weekly-forecast-fomc-week-can-push-gold-to-all-time-highs\/"},"modified":"2025-08-19T12:27:19","modified_gmt":"2025-08-19T12:27:19","slug":"xauusd-weekly-forecast-fomc-week-can-push-gold-to-all-time-highs","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xauusd-weekly-forecast-fomc-week-can-push-gold-to-all-time-highs\/","title":{"rendered":"XAUUSD weekly forecast: FOMC week can push gold to all-time highs?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">As explained in the previous XAUUSD weekly forecast, gold retraced to major buying levels below $3336 and is now holding above $3350 again, looking to take out $3380, and eventually sustain above $3400 as well.\u00a0<\/p>\n<div id=\"cn-block-summary-block_d860092ff56388d0ba33d1740fbe62bf\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Gold is holding above $3350 after retracing to key buying levels and is aiming for $3380, $3400, and potentially $3440\u2013$3500 (new ATH).<\/li>\n<li>This week\u2019s FOMC minutes, unemployment claims, PMIs, and Powell\u2019s Jackson Hole speech will drive volatility; dovish signals could push gold higher, while hawkish tones may pressure it.<\/li>\n<li>Key resistance is at $3420\u20133440 (4H supply), while strong supports are at $3314\u20133281 (daily support) and $3334\u20133326 (15m FVG).<\/li>\n<li>Short-term setups suggest possible sells at resistance, but overall higher timeframe bias favors buying dips for continuation toward new highs.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\">\n<p>Table of Contents<\/p>\n<nav>\n<ul>\n<li><a rel=\"nofollow\" target=\"_blank\" href=\"#key-economic-events-of-this-week\">Key economic events of this week<\/a><\/li>\n<li><a rel=\"nofollow\" target=\"_blank\" href=\"#gold-htf-overview\">Gold HTF Overview<\/a><\/li>\n<li><a rel=\"nofollow\" target=\"_blank\" href=\"#gold-forecast-for-august-18th-to-august-22nd-2025\">Gold forecast for August 18th to August 22nd, 2025<\/a><\/li>\n<li><a rel=\"nofollow\" target=\"_blank\" href=\"#trading-strategies-investment-recommendation\">Trading Strategies &amp; Investment Recommendation<\/a><\/li>\n<\/ul>\n<\/nav>\n<\/div>\n<p>The bias in gold for this week is buy with potential targets of $3440 and even a new ATH above $3500!. With that in mind, let\u2019s discuss the key pivot levels for gold buying and selling in this weekly forecast from August 18th to August 22nd, 2025.<\/p>\n<h2 class=\"wp-block-heading\" id=\"key-economic-events-of-this-week\">Key economic events of this week<\/h2>\n<p>Some significant U.S. economic reports are scheduled for release this week that are expected to impact XAUUSD.\u00a0<\/p>\n<h3 class=\"wp-block-heading\">Aug 20 \u2013 FOMC Meeting Minutes<\/h3>\n<p>Gold may experience bearish pressure as hopes for a rate decrease wane if the minutes reveal a hawkish Fed position. Gold would benefit from any dovish indications or growth-related worries.<\/p>\n<h3 class=\"wp-block-heading\">Aug 21 \u2013 Unemployment Claims &amp; PMIs<\/h3>\n<p>Increased unemployment claims would indicate a sluggish labor market, which would increase gold prices. Gold is supported by a contractionary manufacturing PMI (below 50), but gold may be weighed down by a strong services PMI that strengthens the USD.<\/p>\n<h3 class=\"wp-block-heading\">Aug 22 \u2013 Powell Speech &amp; Jackson Hole Symposium<\/h3>\n<p>The main motivator will be Powell\u2019s tone. While dovish or recession-related comments could lead to a bullish rise, hawkish remarks about maintaining rates higher for longer would put pressure on gold.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\" id=\"gold-htf-overview\">Gold HTF Overview<\/h2>\n<p>The monthly timeframe is still showing a move upwards towards external liquidity, and that is exactly what\u2019s happening right now.<\/p>\n<p>We can expect the move to continue towards $3440, and eventually towards a test of the previous ATH of $3500 as well.<\/p>\n<figure class=\"wp-block-image\"><figcaption class=\"wp-element-caption\">XAUUSD 1M chart \u2013 Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/tradingview.com\" target=\"_blank\">Tradingview<\/a><\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\" id=\"gold-forecast-for-august-18th-to-august-22nd-2025\">Gold forecast for August 18th to August 22nd, 2025<\/h2>\n<p>In the 4h chart, we can see a supply from $3420-3440, where we can short gold this week if the price decides to pump there.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1755606430_613_XAUUSD-weekly-forecast-FOMC-week-can-push-gold-to-all-time.png\" alt=\"XAUUSD weekly forecast: FOMC week can push gold to all-time highs? - 2\"><figcaption class=\"wp-element-caption\">XAUUSD 4h chart \u2013 Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/tradingview.com\" target=\"_blank\">Tradingview<\/a><\/figcaption><\/figure>\n<p>In the daily timeframe, a major level for buying gold is starting from $3314-3281 due to the daily level support and range low.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1755606430_605_XAUUSD-weekly-forecast-FOMC-week-can-push-gold-to-all-time.png\" alt=\"XAUUSD weekly forecast: FOMC week can push gold to all-time highs? - 3\"><figcaption class=\"wp-element-caption\">XAUUSD 1D chart \u2013 Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/tradingview.com\" target=\"_blank\">Tradingview<\/a><\/figcaption><\/figure>\n<p>In the 15m chart of gold, we have immediate buying levels at $3334-3326 due to the FVG and range low in the 15m timeframe.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1755606430_510_XAUUSD-weekly-forecast-FOMC-week-can-push-gold-to-all-time.png\" alt=\"XAUUSD weekly forecast: FOMC week can push gold to all-time highs? - 4\"><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\" id=\"trading-strategies-investment-recommendation\">Trading Strategies &amp; Investment Recommendation<\/h2>\n<p>To conclude, gold can give both buys and sells this week; however, buys are strongly preferred over sells. Lower time frames are suggesting sells, while higher time frames are still favoring a buy position in gold.\u00a0<\/p>\n<h3 class=\"wp-block-heading\">Resistance Levels<\/h3>\n<ul class=\"wp-block-list\">\n<li>$3420-3440 \u2013 4h supply of gold<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Support Levels\u00a0<\/h3>\n<ul class=\"wp-block-list\">\n<li>$3314-3281 \u2013 daily support of gold and range low<\/li>\n<li>$3334-3326 \u2013 15min FVG and range low\u00a0<\/li>\n<\/ul>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>As explained in the previous XAUUSD weekly forecast, gold retraced to major buying levels below $3336 and is now holding above $3350 again, looking to take out $3380, and eventually&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8199"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8199\/revisions"}],"predecessor-version":[{"id":8200,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8199\/revisions\/8200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2726"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}