Gold Analysis – 04.Mar.2025

Gold Analysis: By analyzing the gold chart on the two-hour timeframe, we can see that the price successfully started its upward movement yesterday as expected, reaching the $2877 target. However, it didn’t stop there and managed to extend its rally up to $2921. Currently, gold is trading around $2920, and there are two significant resistance levels that could limit further upward movement: $2920 and $2930. This analysis will be updated accordingly.
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Author : Arman Shaban
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