Gold Analysis – 27.Feb.2025
Gold Analysis: Upon analyzing the gold chart on the one-hour timeframe, we can see that the price has once again started to decline as expected, forming another attractive correction from the $2920 level down to $2876. Upon reaching $2876, buying pressure increased, pushing the price up to $2894. Currently, gold is trading around $2886. If the price stabilizes above $2876, we can anticipate further bullish movement.
(This Post on TradingView)
Author : Arman Shaban
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