Gold Analysis – 23.Apr.2025

Gold Analysis: By examining the gold chart on the 15-minute timeframe, we can see that, as expected, the price began to drop and successfully hit our first bearish target at $3411. However, the price was only satisfied with the liquidity below that level and continued its decline. So far, gold has corrected over 2000 pips, reaching as low as $3290. Currently, it is trading around the $3300 zone. If gold stabilizes below $3340, we may expect a deeper correction. The next potential bearish target is $3284. Keep an eye on how the price reacts to these key levels!
(This Post on TradingView)
Author : Arman Shaban
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