XAUUSD weekly gold forecast: Has the trend of gold shifted to sell?

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jun 30 2025

Market Impact of US Intervention: The intervention by the USA has led to a halt in the Iran and Israel war, causing a decline in safe haven assets like gold and silver. The bias for gold has shifted to sell, with expectations of a retracement this week.
Gold Trading Forecast: Key economic events this week, including speeches from Fed Chair Powell and employment statistics, are expected to influence gold prices. Resistance levels for selling gold are identified at $3301-3313 and $3320-3337, while support is seen at $3232-$3202.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

XAUUSD weekly gold forecast: Has the trend of gold shifted to sell?

About the author

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