GOLD Analysis | Bearish Momentum Strengthens Below ATH 2954

6 天前

GOLD Analysis | February 25, 2025
🔸 Bearish Momentum Strengthens Below ATH (2954) and 2935

Gold is exhibiting bearish momentum, having already stabilized below the all-time high (ATH) of 2954. The price is now trying to touch 2918.

📉 While below 2935 will touch 2918 and If a 4H or 1H candle closes below 2918, this could trigger a strong bearish continuation toward 2906 and 2895.

📌 However, if the price closes a 4H candle above 2918, the market is likely to remain volatile between 2918 and 2935 before confirming the next move. 4h candle above 2935 will be sensitive to 2945.

Key Levels:
Resistance Levels: 2945, 2954, 2975
Pivot Point: 2935
Support Levels: 2918, 2906, 2895

✅ Bias: Bearish as long as the price trades below 2935, with confirmation needed below 2918 for further decline.

6 天前

交易進行

GOLD
Update

Moving Well +400 pip ✅✅

The price reached our last Bearish Target which is 2895 as we mentioned, and now it needs to break 2895 by closing 1h or 4h candle below it, to get 2880 and 2873.

Currently, price action is ranging between 2895 and 2913 until a decisive breakout occurs.

Timeframe 4h, 1h, 15min
current price 2897