31/10/2025
By examining the Gold chart on the 2-hour timeframe, we can observe that following our earlier analysis, gold initially declined to $3,960 as anticipated, then rebounded. When the price reached $4,015, significant selling pressure emerged, driving it down to $3,990 — yielding over 250 pips of profit in a single setup.
Gold is presently trading around $4,022, and as long as it fails to sustain above $4,040, we can anticipate additional retracement.
The crucial supply zones to monitor are $4,015–$4,035 and $4,048–$4,072.
