Gold Spot / U.S. Dollar
Short

Gold Weekly Summary and Forecast 7/5/2025

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In my half year review, I expected next half year gold will continue its bullish drive. Overall picture shows a bullish momentum. However, the road is not straight and could be bumpy.

In 2W TF, there is a three drive pattern indicated in the chart with three red arrows. An immediate price drop will follow from this pattern. Therefore, I am expecting the price to drop to 3180 before next take off.

Next week's high is max at 3380 and could drop to 3260. Watch out the daily trading plan for more details next week.

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