Gold Analysis – 11.Jun.2025
Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that yesterday, as expected, the price corrected from the $3345 to $3315 zone, delivering over 300 pips of return. Following the release of the CPI data, gold saw a strong bullish move and surged up to $3360. However, after reaching this key level, it faced a sharp rejection and dropped back to $3330. Currently, gold is trading around $3336, and only if the price stabilizes below $3340 can we expect further downside movement.
(This Post on TradingView)
Author : Arman Shaban
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