Gold Analysis – 26.Feb.2025
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Gold Analysis: On the 1-hour timeframe, we can see that gold surged to the $2945 supply zone, where it faced strong selling pressure. The bearish momentum was so intense that it didn’t stop at the liquidity levels below $2921 and $2917, leading to a massive 500-pip drop to $2888. I hope you made the most of this analysis! Currently, gold is trading around $2914, and the next three hours will be crucial in determining whether the decline continues. The key supply levels to watch are $2923, $2929, and $2933. This analysis will be updated accordingly!
(This Post on TradingView)
Author : Arman Shaban
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