Gold Analysis – 06.Aug.2025
Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after our previous analysis, gold began to rise and successfully hit all three targets — $3367, $3375, and $3385 — delivering over 230 pips in returns! After reaching $3390, it faced some selling pressure and is currently trading around $3380. Now, the key question is whether gold can finally reach the $3399 zone tomorrow — a major bearish area we’ve been watching closely. As mentioned in previous updates, this zone is critical, and we should closely monitor the price reaction there. Hope you made the most of this move and don’t forget to support this analysis so we can drop another powerful gold update tomorrow!
(This Post on TradingView)
Author : Arman Shaban
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