Gold Spot / U.S. Dollar
Long
Updated

breakout, can gold reach above 3400 next week?

142
XAU / USD trend forecast next week: 26 May - 30 May , 2025

⚠️On the geopolitical stage, momentum toward a Ukraine ceasefire builds as Russia’s Foreign Minister signals progress on a key memorandum. At the same time, the U.S. and Iran wrapped up a fifth round of nuclear talks in Rome, reflecting deepening diplomatic engagement.

On the economic front, U.S. housing data painted a mixed picture—Building Permits plunged, while New Home Sales showed resilience in April. Meanwhile, markets digested a wave of Fed commentary, with notable input from St. Louis Fed’s Alberto Musalem and Chicago Fed’s Austan Goolsbee.

Looking ahead, all eyes turn to next week’s critical U.S. data releases, including Durable Goods Orders, the Fed’s meeting minutes, revised GDP figures, and the central bank’s key inflation barometer: the Core PCE Price Index.

⚠️ Gold price grows again, thanks to unfavorable tariff negotiation news. New momentum for gold price to increase. H4 frame, break trendline and continue to increase price

🚨 note : Resistance zone : $3388 , $3435


🚨note: Support zone : $3287 , $3255



Safe and profitable trading
Trade active
Waiting for gold price to continue to increase at the beginning of the week
Trade closed: target reached
Gold price traded around 3350 when opening the trading session

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