Gold Analysis – 07.Apr.2025

Gold Analysis: By examining the gold chart on the 30-minute timeframe, we can see that, as expected, the price successfully hit all three targets: $3053, $3044, and $3033 with its decline.
But the drop didn’t stop there — gold eventually experienced a heavy sell-off, correcting all the way down to $2970, officially entering the $2000 range!
Currently, gold is trading around $3028, and I still expect further downside.
The next potential targets are $3022, $3016, $3010, and $3000, respectively.
Hope you enjoy it!
(This Post on TradingView)

Author : Arman Shaban

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