Gold Analysis – 13.Mar.2025
Gold Analysis: By analyzing the gold chart in the 2-hour timeframe, we can see that the price has finally made its big move, just as we predicted! After a correction to $2905, demand increased, pushing the price up by over 400 pips to $2949.
Currently, gold is trading around $2940, and there are two key scenarios:
1️⃣ Holding support at $2940, leading to a rise above $2950 as the first target.
2️⃣ Breaking below $2940 and stabilizing under it, which could trigger a further correction to $2923.
This analysis will be more complete with your support, and more details will be added soon! Like and comment on TradingView to support this analysis and stay tuned for more precise updates!
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Author : Arman Shaban
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