Gold Analysis – 21.Aug.2025
Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that the price, as expected from our previous analysis, continued to drop and corrected down to $3311 with over 200 pips of decline, hitting both $3323 and $3314 targets. Now gold is trading around $3342, and if the price can stabilize below this important zone marked on the chart, we can expect further bearish movement. Otherwise, gold might rise again toward levels above $3366. So our main outlook remains bearish unless proven otherwise, and the potential downside targets are $3334, $3324, and $3314 respectively.
(This Post on TradingView)
Author : Arman Shaban
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