GOLD - BULL SIGNAL FOR 25.2.2025
Gold (XAUUSD) is showing bullish signals. A test of the trendline on the RSI and a rebound from the lower boundary of the ascending channel support further growth. If prices stay above $2,925, an upward move toward $3,010 is likely.
A breakout above $2,965 would confirm bullish momentum, accelerating gains. However, if Gold falls below $2,900, it could signal a deeper decline toward $2,855. A break below $2,925 would invalidate the bullish outlook, indicating continued downside pressure.
Key levels to watch:
📈 Resistance: $2,965, $3,010
📉 Support: $2,900, $2,855
A breakout above $2,965 would confirm bullish momentum, accelerating gains. However, if Gold falls below $2,900, it could signal a deeper decline toward $2,855. A break below $2,925 would invalidate the bullish outlook, indicating continued downside pressure.
Key levels to watch:
📈 Resistance: $2,965, $3,010
📉 Support: $2,900, $2,855
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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.
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.