GOLD Drops $67 – Bearish Momentum Continues Below 2,859
GOLD Update – Feb 28, 2025
Gold dropped $67 from 2,918 to 2,859, as we expected! Now, the price is struggling below 2873, keeping the bearish momentum intact.
📉Bearish Scenario:
Staying below 2,859 and 2,873 could push the price toward 2,840.
A 1H or 4H close below 2,840 opens the door for 2,823 – 2,811.
📈Bullish Possibility:
If 2,873 is reclaimed, expect some volatility between 2,873 and 2,880.
Above 2,880, gold could rally to 2,895 – 2,905.
💠Key Levels:
Resistance: 2873 | 2880 | 2895
Pivot: 2859
Support: 2840 | 2823 | 2810
Bearish Trend is Active while Below 2859
Bullish Correction to 2873 if Stabilized Above 2859
Gold dropped $67 from 2,918 to 2,859, as we expected! Now, the price is struggling below 2873, keeping the bearish momentum intact.
📉Bearish Scenario:
Staying below 2,859 and 2,873 could push the price toward 2,840.
A 1H or 4H close below 2,840 opens the door for 2,823 – 2,811.
📈Bullish Possibility:
If 2,873 is reclaimed, expect some volatility between 2,873 and 2,880.
Above 2,880, gold could rally to 2,895 – 2,905.
💠Key Levels:
Resistance: 2873 | 2880 | 2895
Pivot: 2859
Support: 2840 | 2823 | 2810
Bearish Trend is Active while Below 2859
Bullish Correction to 2873 if Stabilized Above 2859
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my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.