Gold Analysis – 29.Jul.2025

Gold Analysis: By analyzing the gold chart on the 4-hour timeframe, we can see that after rising to $3334, the price faced renewed selling pressure and dropped to as low as $3318. It is currently trading around $3325, and if it fails to break and hold above the key $3333–$3345 resistance zone, we could expect further downside movement. The next potential bearish targets are $3320, $3315, $3310, and $3303. All other assumptions from the previous analysis remain valid.
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Author : Arman Shaban

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