Gold Analysis – 11.Apr.2025
Gold Analysis: By examining the gold chart on the 30-minute timeframe, we can see that yesterday the price initially managed to drop to $3115 and hit our first bearish target, but it failed to reach the next targets at $3105 and $3100! After that, gold resumed its strong bullish movement and firmly broke its previous high, registering a new record at $3237! After reaching this new high, the price experienced a minor correction and is currently trading around $3230! As we can see, there is currently no sign of a trend reversal or the start of a new corrective wave on the chart! So we must remain patient and wait for a break in market structure! I’ll update you immediately once the structure changes!
(This Post on TradingView)
Author : Arman Shaban
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