Gold Analysis – 16.Sep.2025
Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that the price moved exactly as expected over the past two sessions. After correcting down to $3,674, this key support level held strong and prevented further decline. From there, gold resumed its rally, reaching $3,699.44 and printing a new ATH. Currently, gold is trading around $3,695, with heavy volatility in this area. As long as the price holds above the $3,674–$3,684 zone, we can expect another bullish wave. The next possible upside targets are $3,707 and $3,717.
(This Post on TradingView)
Author : Arman Shaban
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