Gold XAUUSD Detailed Technical Analysis, What to Expect
Friday, 25 Feb 2022

Gold has been flying to upside during the past couple of days but today we have seen a major rejection from $1910 zone, in our previous post we have mentioned this level,
$1910 is a structural resistance for Gold that means a downside move is expected from this zone towards 1840 area.

Although the Fundamentals are Bullish for Gold but technically this area is a bearish trend joining zone and we have already seen a major rejections at this area.

So we can expect a move lower from this zone towards 1840, for all Buyers we recommend to wait for a Daily close above the $1920 zone.

 

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