Gold Analysis – 24.Jun.2025
Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after our previous analysis, price climbed 200 pips from $3373 to $3393. However, following the ceasefire announcement between Iran and Israel, gold faced a sharp and continuous drop, correcting all the way down to $3296. After reaching this demand zone, price bounced and is now trading around $3323. If gold manages to rise and hold above $3333, we can expect further bullish momentum in the short term.
(This Post on TradingView)
Author : Arman Shaban
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