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Gold Analysis – 05.Aug.2025

Gold Analysis – 05.Aug.2025

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after hitting the first target at $3361, gold continued its rally and reached our second supply level at $3385. Upon reaching this key level, the price faced strong selling pressure, dropping over 350 pips down to $3349. Gold is now trading around $3363, and if it can hold above the $3350 support level, we could expect another bullish push. The next upside targets are $3367, $3375, and $3385. This analysis will be updated in the coming hours with your continued support!
(This Post on TradingView)

Author : Arman Shaban

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