Gold Weekly Summary and Forecast 5/30/2026

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Gold Weekly Summary and Forecast 5/30/2026GoldCAPITALCOM:XAUUSDSteadyFundPast week gold indeed dropped initially to as low as 4367 and went up from there to as high as 4594. Gold closed the week with positive note. Therefore, I would expect gold to continue to grow. My ultimate target for next week is 4735. From daily point of view, 4580 resistance still holds. We may see rejection from there to 4480 and gold could start to soar from 4480 support. Let's see how next week plays out.