Gold Analysis – 14.May.2025
Gold Analysis: By analyzing the gold chart on the 2-hour timeframe, we can see that after our previous analysis, the price failed to break above the $3266 level again, and the bullish scenario was invalidated. Gold has continued its decline, and today we saw it drop below the $3200 level.
At the moment, gold is trading around $3190, and we need to see whether it can stabilize below this level. If it does, we could expect a further drop toward levels below $3170. The second scenario would occur if the price starts to reverse from this level by collecting liquidity and pushes back above $3200.
Personally, I’m leaning more toward a continued decline in gold.
(This Post on TradingView)
Author : Arman Shaban
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