Gold Analysis – 02.May.2025

Gold Analysis: By analyzing the gold chart on the 1-hour timeframe, we can see that after yesterday’s analysis, the price successfully rallied from \$3231 to \$3268. Once it reached that zone, selling pressure kicked in, and gold has since corrected down to \$3239. If gold stabilizes below \$3257, we may expect further downside. The potential bearish targets are \$3237 and \$3221.
Keep a close eye on the \$3209–\$3220 zone, as price reaction there could be significant.(This Post on TradingView)

Author : Arman Shaban

To see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks , be sure to Follow and Join us on other Platforms :

– Public Telegram Channel
– YouTube Channel
– TradingView
– X (Twitter)
– How to join our FOREX VIP Channel ?
– How to join our Crypto VIP Channel ?
– CONTACT ME directly on Telegram