Gold Weekly Summary and Forecase 10/18/2025

Gold has been rising for the last 9 weeks including the past week. There is no sign of slowing down from technical point of view. The last time it has 9 continuous bullish run weeks was back to 2020 when Covid just started. And the price was topped then. Could the history repeat itself? Probably.

But if we look at 2D TF, this time was a little bit different. In 2020, the 2D TF printed a large pin bar. This time, the candle didn't turn into red yet.

Therefore, next week, we may see a up spike at the beginning of the week, followed by a sharp decline. Here are two levels to watch for the decline: 4379 ATH or 4480-4500.

Let's see how the market gives us next week. I will have more intraday trading plan next week. Stay tuned.