XAUUSD Weekly Forecast: Buy Zones, Key Pivots, and $3,500+ Target in Sight

Gold Breaks Records—Analysts Eye $3,500+ Target as Safe-Haven Demand Surges

Strategic Entry Zones Emerge

Traders pinpoint precise buy levels as XAUUSD consolidates near all-time highs. Key pivot points suggest optimal entry positions before the next leg up.

Institutional Money Floods In

Hedge funds and central banks accelerate gold accumulation—bypassing traditional assets amid global economic uncertainty. The metal outperforms crypto's volatility and bonds' pathetic yields.

Technical Setup Screens Bullish

Weekly charts flash bullish indicators with no significant resistance until the $3,500 milestone. Fibonacci extensions align with macroeconomic catalysts driving the rally.

Because sometimes the oldest store of value still outshines flashy digital alternatives—especially when reality bites and 'stablecoins' prove anything but.

Key economic events of this week

Some significant U.S. economic reports are scheduled for release this week that are expected to impact XAUUSD. 

Aug 28 – Prelim GDP q/q (3.1% vs. 3.0%)

Strong economic development WOULD be reflected in a higher GDP print, which would pressure gold and strengthen the USD. However, gold’s fall may be limited if markets believe growth is peaking.

Aug 28 – Unemployment Claims (231K vs. 235K)

A strong labor market is shown by lower claims, which supports Fed hawkishness and depresses gold prices. A sudden increase would be in favor of gold.

Aug 29 – Core PCE Price Index m/m

The Fed favors this inflation indicator. While milder data would lead to a bullish surge in gold, a hotter-than-expected reading would damage the metal as higher-for-longer rates are factored in.

Overall Gold outlook

The combination of inflation, labor, and growth statistics this week may keep gold erratic. A mild PCE might swiftly turn sentiment optimistic, while strong GDP and jobs figures make it pessimistic.

Gold HTF Overview

As mentioned in the previous XAUUSD weekly forecast, gold is still showing momentum to the upside liquidity.

We can expect the MOVE to continue towards $3440, and eventually towards a test of the previous ATH of $3500 as well.

Gold forecast for August 18th to August 22nd, 2025

In the 4h timeframe, the $3352-$3340 area is a good buy zone for gold as it is the breaker block and also the POC zone, making it a high probability bounce area for XAUUSD.

In the 4h timeframe, a major level for selling gold is starting from $3388-3402 due to the big range POC and the 4h supply for gold.

Trading Strategies & Investment Recommendation

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. 

Resistance Levels

• $3381-3402 – Range POC and 4h supply

Support Levels 

• $3352-3340 – POC and 4h breaker block 

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.