#XAUUSD GOLD SELL OR BUY ? READ DESCRIPTION.
Hello Everyone, Here is My Today's #XAUUSD (GOLD) Market Analysis
Please Check & Share Your Kind Opinions in the Comments Section, Thanks! 🙏
#Today, Wednesday, 27 February 2025
#Gold Current Price: $2888
#Pivot Point: $2997
📈Bullish Scenario: If the H4 candle closes above the pivot point ($2997) we could see a bullish move for Gold. The market may push towards the following targets:
📈Target 1: $2905 Crossing the first target could lead to a potential move to:
📈Target 2: $2912
📈Resistance: $2918 / $2926
📊Note: The resistance area at $2918 / $2926 is a strong area for potential selling opportunities.
📊 Key Action: If the H4 candle closes above the pivot point, consider a buy position with targets at $2905 and $2912. A continued move above the resistance areas may further extend towards $2918 and $2926.
📉Bearish Scenario: If the market closes below the pivot point ($2997), we could see a bearish move towards our support areas.
📉Target 1: $2977
📉Target 2: $2964
📉Support: $2858 / $2850
📊Note: We are overall in a sell support phase. If the market closes below the pivot point, the trend is expected to continue lower.
📊Key Action: If the H4 candle closes below $2997, this could signal a sell position with targets at $2977 and $2964. A continued move lower may test the support areas at $2858 and $2850.
📊Key Levels:
📊Pivot Point: $2997
📉Support Targets:
📉Target 1: $2977
📉Target 2: $2964
📉Support: $2858 / $2850
📈Resistance Targets:
📈Resistance 1: $2918
📈Resistance 2: $2926
📊Trend Outlook:
📈Bullish Above: $2997
📉Bearish Below: $2997
If you like my analysis, don’t forget to Like, Follow & Comment.
Please Check & Share Your Kind Opinions in the Comments Section, Thanks! 🙏
#Today, Wednesday, 27 February 2025
#Gold Current Price: $2888
#Pivot Point: $2997
📈Bullish Scenario: If the H4 candle closes above the pivot point ($2997) we could see a bullish move for Gold. The market may push towards the following targets:
📈Target 1: $2905 Crossing the first target could lead to a potential move to:
📈Target 2: $2912
📈Resistance: $2918 / $2926
📊Note: The resistance area at $2918 / $2926 is a strong area for potential selling opportunities.
📊 Key Action: If the H4 candle closes above the pivot point, consider a buy position with targets at $2905 and $2912. A continued move above the resistance areas may further extend towards $2918 and $2926.
📉Bearish Scenario: If the market closes below the pivot point ($2997), we could see a bearish move towards our support areas.
📉Target 1: $2977
📉Target 2: $2964
📉Support: $2858 / $2850
📊Note: We are overall in a sell support phase. If the market closes below the pivot point, the trend is expected to continue lower.
📊Key Action: If the H4 candle closes below $2997, this could signal a sell position with targets at $2977 and $2964. A continued move lower may test the support areas at $2858 and $2850.
📊Key Levels:
📊Pivot Point: $2997
📉Support Targets:
📉Target 1: $2977
📉Target 2: $2964
📉Support: $2858 / $2850
📈Resistance Targets:
📈Resistance 1: $2918
📈Resistance 2: $2926
📊Trend Outlook:
📈Bullish Above: $2997
📉Bearish Below: $2997
If you like my analysis, don’t forget to Like, Follow & Comment.
Trade active
#XAUUSD (Gold) Market Update
27th & 28th February 2025
📊Recap of Yesterday’s Movement: Gold initially consolidated between $2882 - $2891, then moved bullish towards $2894.85 respecting the pivot point before dropping.
📉Bearish Move: Gold dropped from ( $2894 to $2877 ) hitting our First Sell target → +170 Pips
📉Further Drop: Gold Continued Dropping to $2868, giving +260 Pips total from the high $2894.85
📈Rebound: As per our analysis, it rebounded to From #2868 to $2888 & gave us 200 Pips in Buy before dropping again
📉Sell Targets Hit : Gold dropped from $2888 to $2877 (+110 Pips) and further to $2864 (+240 Pips Total)
📉Support Zone Reached: The market continued to $2857, confirming entry into our support zone.
📊Total Pips Calculation:
First Drop: $2894→$2877 (170 Pips)
Further Drop: $2894→$2868 (260 Pips)
Rebounded Buy: $2868→$2888 (200 Pips)
Rebound Drop: $2888→$2877 (110 Pips
Extended Drop: $2888→$2864 (240 Pips)
Final Support Drop: $2888 → $2857 +310 Pips in total
📊Total Pips Achieved:
📉570 Pips in Sell 🔥🔥
📈200 Pips in Buy 🔥🔥
📊Grand Total : 770 Pips
📊Current Market Position: $2865
📊Updated Key Levels:
📊Pivot Point: $2885
📉Support Zone: $2858 $2850 $2840
📈Resistance : $2877 $2888 $2897
📍 Trend Outlook:
🔽 Bearish Below: $2885
🔼Bullish Above : $2885 & 2897
Watch for rebound potential at support
Gold Respected Our Analysis Perfectly! Let me know if you need further updates.
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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.