Gold's 2-hour chart shows that the price successfully reached a new high of $3057 today before retracing to $3025. Currently, gold is trading around $3037, and I expect a short-term push towards $3049 before looking for a trigger to potentially ride a correction down to targets below $3022. Stay tuned—this analysis will be updated soon!
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Best Regards , Arman Shaban
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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As we review the 2-hour chart on gold, we can see that, just as expected, the price has resumed its drop — falling from $3035 down to $2999. The total move has delivered over 720 pips so far, and I hope you’ve made the most of it!Looking ahead to next week:
If the price manages to hold below $3029, we could see further downside pressure on gold.
Stay tuned — more updates coming soon!
Trade closed: target reached
As we review the 2-hour gold chart, we can see that following yesterday’s analysis, the price started dropping just as expected — delivering over 200 pips from $3022 down to $3002! Currently, gold is trading back around $3022, and we need to watch closely to see if it gets rejected from the $3029–$3038 zone.If rejection happens, the next potential targets are $3015, $3001, and $2996. Note
As we review the 4-hour gold chart, we can see that price moved exactly as expected based on our previous analysis. Gold first entered the supply zone between $3029 and $3038, then dropped from $3036 to $3013, hitting the $3015 target beautifully! Looking ahead — if gold manages to hold above $3019, we could see further upside potential. However, we’ll avoid any premature bias and wait for more confirmation signals before determining the next move. Stay tuned for more updates! 
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Join me for more Free Signals and New Analyzes In the Public Channel :
⚜️ Free Telegram Channel : t.me/PriceAction_ICT
⚜️ Contact Me : t.me/ArmanShabanTrading
⚜️ Free Telegram Channel : t.me/PriceAction_ICT
⚜️ Contact Me : t.me/ArmanShabanTrading
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.