Gold Weekly Summary and Forecast 8/11/2025

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Gold Weekly Summary and Forecast 8/11/2025Gold vs US DollarICMARKETS:XAUUSDSteadyFundGold didn't manage to break 3400 last week and the upward momentum was not strong also. The resistant line is still valid at this moment. As long as this line holds, I am bearish in gold in short and medium term. My bearish target will be 3288 this week.