Gold Analysis – 21.Feb.2025
Gold Analysis: On the one-hour gold chart, as expected, after reaching its all-time high of $2954, the price underwent a correction, dipping to $2916, briefly breaking below $2918 to grab liquidity. Following this, strong demand pushed the price back up, and gold is currently trading around $2933. If gold breaks and holds above $2937, we could see a continuation towards $2949 and potentially $2954 again. The next mid-term targets remain at $2966 and $2969.
(This Post on TradingView)
Author : Arman Shaban
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