{"id":952,"date":"2025-05-26T17:52:57","date_gmt":"2025-05-26T17:52:57","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xauusd-weekly-forecast-3500-on-the-cards-yet-again\/"},"modified":"2025-05-26T17:52:58","modified_gmt":"2025-05-26T17:52:58","slug":"xauusd-weekly-forecast-3500-on-the-cards-yet-again","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xauusd-weekly-forecast-3500-on-the-cards-yet-again\/","title":{"rendered":"XAUUSD weekly forecast: $3500 on the cards yet again?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Donald Trump announced 50% tariffs on Europe, however, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2025\/05\/25\/business\/trump-eu-tariff-delay\" target=\"_blank\">delayed<\/a> it until July 9, 2025. This move has witnessed a rally in Euro, British pound, Australian dollar, and continued the downtrend of the United States dollar.\u00a0\u00a0<\/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>Previous week\u2019s forecast recap of crypto.news<\/li>\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-may-26th-to-may-30th\">Gold Forecast for May 26th to May 30th<\/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>Naturally, gold has also strengthened in comparison to the US dollar, and has its short term sights on the $3400 mark, and in the near future, $3500 as well.\u00a0\u00a0<\/p>\n<p>This week, the bias is gold is buy, upon retracement to specific levels.\u00a0 Let\u2019s discuss the key pivot levels for gold buying and selling in this weekly forecast of May 26th to May 30th, 2025.<\/p>\n<h2 class=\"wp-block-heading\" id=\"previous-weeks-forecast-recap-of-crypto-news\">Previous week\u2019s forecast recap of crypto.news<\/h2>\n<p>In the previous week\u2019s forecast we marked two levels on the chart of gold as potential long position targets, which were $3261 and $3328, both of which have been hit successfully.<\/p>\n<figure class=\"wp-block-image\"><figcaption class=\"wp-element-caption\">XAUUSD 1w chart \u2013 Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/tradingview.com\" target=\"_blank\">Tradingview<\/a><\/figcaption><\/figure>\n<p>We also shared a selling level in the 4h timeframe from which price gave 470 pips and then continued its uptrend.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/05\/1748281977_6_XAUUSD-weekly-forecast-3500-on-the-cards-yet-again.png\" alt=\"XAUUSD weekly forecast: $3500 on the cards yet again? - 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>Now let\u2019s start by discussing the key economic events of this week and their possible impact on the price of XAUUSD.<\/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<p><strong>Wednesday, May 28: FOMC Meeting Minutes\u00a0<\/strong><\/p>\n<p>A stronger USD and higher rates might cause gold to decline if the minutes indicate a hawkish Fed (leaning toward more rate hikes or tight monetary policy).\u00a0 Gold prices would probably be supported by a dovish tone (rate reductions or worries about an economic slowdown).<\/p>\n<p><strong>Thursday, May 29: Unemployment Claims &amp; Prelim GDP Q\/Q<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>Strong GDP: Indicates a robust economy, which is negative for gold (USD up).<\/li>\n<li>Weak GDP: Increases recession fears \u2192 gold is positive (desire for safe havens).<\/li>\n<\/ul>\n<p><strong>Unemployment Claims:<\/strong> Higher than anticipated claims point to a poor job market, which is good news for gold.\u00a0 Reduced claims might affect gold prices.<\/p>\n<p><strong>Friday, May 30: Index of Core PCE Prices m\/m<\/strong><\/p>\n<p>The Fed favors this inflation indicator.<\/p>\n<p>PCE higher than anticipated: More Fed tightening = negative outlook for gold.<\/p>\n<p>PCE below expectations: Reduces pressure on rate hikes therefore gold is positive.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\" id=\"gold-htf-overview\">Gold HTF Overview<\/h2>\n<p>Gold has already swept liquidity below the $3200 level and next targets should be external liquidity which is present at $3435 and $3500 respectively. Invalidation of this trade idea would be the break of $3120 level in the weekly timeframe.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/05\/1748281977_517_XAUUSD-weekly-forecast-3500-on-the-cards-yet-again.png\" alt=\"XAUUSD weekly forecast: $3500 on the cards yet again? - 3\"><figcaption class=\"wp-element-caption\">XAUUSD 1w 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-may-26th-to-may-30th\">Gold Forecast for May 26th to May 30th<\/h2>\n<p>Gold is showing bullish momentum in all lower time frames which makes buying an ideal position to enter and hold.\u00a0<\/p>\n<p>On the 4 hour timeframe the strongest buying level is coming up at the FVG, VAL, and order block of $3260-3208.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/05\/1748281977_27_XAUUSD-weekly-forecast-3500-on-the-cards-yet-again.png\" alt=\"XAUUSD weekly forecast: $3500 on the cards yet again? - 4\"><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>On the 1h timeframe there is an immediate buying opportunity as well from the levels of $3313-3291. This is due to the 0.618 fib level, POC, and FVG, and order block, all aligning at the level mentioned.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/05\/1748281977_827_XAUUSD-weekly-forecast-3500-on-the-cards-yet-again.png\" alt=\"XAUUSD weekly forecast: $3500 on the cards yet again? - 5\"><figcaption class=\"wp-element-caption\">XAUUSD 1h chart \u2013 Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/tradingview.com\" target=\"_blank\">Tradingview<\/a><\/figcaption><\/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, the safe strategy in gold is to look for buys in the lower time frame levels and the higher time frame levels as well. Selling is not recommended this week, as the risk to reward ratio may not be favorable for traders.<\/p>\n<h3 class=\"wp-block-heading\">Support Levels\u00a0<\/h3>\n<ul class=\"wp-block-list\">\n<li>$3260-3208\u00a0 \u2013 4h support, FVG, order block, VAL<\/li>\n<li>$3313-3291 \u2013 1h bullish order block, FVG, POC, 0.618 Fib level<\/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. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump announced 50% tariffs on Europe, however, delayed it until July 9, 2025. This move has witnessed a rally in Euro, British pound, Australian dollar, and continued the downtrend&hellip;<\/p>\n","protected":false},"author":1,"featured_media":953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-952","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\/952","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=952"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/952\/revisions"}],"predecessor-version":[{"id":954,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/952\/revisions\/954"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/953"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}