Gold Analysis – 27.Aug.2025
Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected, the price started a renewed bullish move after stabilizing above $3367 and managed to rally impressively up to $3394! Afterward, gold faced a pullback and is currently trading around $3383.
However, it seems that gold doesn’t intend to drop further at least for now and we should wait for a potential move toward the $3400+ levels. This bullish scenario will fail if gold breaks below $3367 and confirms stability under this level, which could open the way for a quick drop toward $3350. For now, our bias remains bullish, with potential upside targets at $3393, $3398, $3404, and $3409.(This Post on TradingView)
Author : Arman Shaban
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