Gold Analysis – 07.Jul.2026

Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous analysis, Gold reacted exactly from the expected level and rallied toward the $4169 region, delivering more than 350 pips of movement. After that bullish move, price entered another correction and dropped toward the $4116 region. Once Gold reached this important demand area again, buyers stepped in and pushed price higher once more, with price reaching around $4180.

Currently, Gold is trading around the $4155 region, and the key question now is whether buyers can continue this momentum or not. The important demand zone to watch is around $4122 – $4140. If Gold corrects again into this area, the reaction from buyers will be very important for the next move. If buyers defend this demand zone, the next upside targets to monitor are $4169, followed by $4180, then $4200, and potentially $4220 if bullish momentum continues. For now, Gold is still reacting well from demand, but we need to see if buyers can finally push price toward higher levels.
(This Post on TradingView)

Author : Arman Shaban

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