Gold Analysis – 25.Feb.2025
Gold Analysis: Gold’s 1-hour chart confirms that, as expected, it successfully hit the $2954 and $2956 targets yesterday. After setting a new high and sweeping liquidity above the previous peak, gold faced a sharp decline, correcting over 300 pips down to $2925. I expect further liquidity grabs, with potential moves below $2921 and even $2917 before a possible reaction. Key supply zones to watch are $2937-$2941 and $2946.5-$2954. Stay patient and observe the price reaction at these levels!
(This Post on TradingView)
Author : Arman Shaban
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