Daily Analysis- XAUUSD (Wednesday, 26th February 2025)
59
Bias: Bearish USD News(Red Folder): -None
Analysis: -Strong drop from previous daily closure -Waiting for retest and forming bearish structure on 0.618 fib level -Potential SELL if there's confirmation on lower timeframe -Pivot point: 2940
Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
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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.