Illya Gerasymchuk profile photo
Illya Gerasymchuk
Financial & Software Engineer

GOLD: look for rejection at ≈$4155

User Illya Gerasymchuk -

2025-10-24 15:14

GOLD: look for rejection at ≈$4155

if gold's price get rejected at that price level again - you'll likely see the fall to ≈$3900 target I described in my previous post

it's a good idea to have the limit buy orders ready 😄

GOLD: look for rejection at ≈$4155
User

gold's lowest possible bottom for current correction is ≈$3900 (area)

the uptrend will resume soon. given the FOMC meeting next week - if that bottom arrives it should be very soon - within the next week

* this is trend analysis done in 5 mins, but likely a correct one 😄

gold's lowest possible bottom for current correction is ≈$3900 (area)