Gold Analysis – 07.Nov.2025
Gold Analysis: By analyzing the Gold chart on the 2-hour timeframe, we can see that the previous analysis played out perfectly — price dropped to around $3965, giving us more than 230 pips in profit ! After that, Gold made a short-term bullish correction up to $4014, but once again faced strong selling pressure and has since fallen back to around $3996. The previous scenario remains fully valid — the $4014–$4020 zone is still acting as a strong supply area, and as long as Gold stays below it, the downtrend is likely to continue. If the price fails to hold above $4040, we can expect another move down toward $3965 or even lower. Overall, the market structure remains bearish, and recent reactions confirm this outlook
(This Post on TradingView)
Author : Arman Shaban
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