Gold Analysis – 26.Aug.2026
Gold Analysis: By analyzing the #Gold chart on the 6H timeframe, we can see that after the previous analysis, price pulled back toward the important $4670 supply area and reacted negatively exactly from this zone.
Following that rejection, Gold moved lower again and is currently trading around $4615.
For now, the short-term corrective scenario from the previous analysis remains valid. If sellers maintain control, the next downside targets to monitor are $4580, followed by $4550, then the major $4483 – $4523 demand zone.
A deeper correction could eventually bring the large $4379 – $4451 FVG back into focus as well, especially in the medium term.
The broader structure is still bullish, but for now we need to see whether this rejection from $4670 can develop into the deeper correction we have been waiting for.
This analysis will be updated as the market evolves.
(This Post on TradingView)
Author : Arman Shaban
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