Technical Analysis (Gold) : XAU/USD 7 February 2025

7 February 2025 Analysis (Technical Analysis)XAU/USD (Gold)

Forex Technical Analysis : XAUUSD 7 February 2025

Forex Technical Analysis : XAUUSD (Gold)

Date : 7 February 2025

Momentum : Up

First Scenario : long positions above 2,863.22 with targets at 2,873.36, 2,882.24 and 2,890.84

Second Scenario : short positions below 2,863.22 with targets at 2,848.85, 2,839.80 and 2,830.75

Comment : There is no clear trend in the price movement.

Supports and resistances :

2,890.84 **
2,882.24 *
2,873.36
2,868.12 - Last price
2,848.85
2,839.80 *
2,830.75 **

Warning : This information is not a buy-sell signal.


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