Gold: Bullisch on the daily -type! — The current gold analysis

Gold has continued to continue his high in the last trading days until Friday of the last week of retail. It went down on the second trade day of the last trade week, which is expressed in the red day candle. It can also be read from the chart that this reset has been bought back directly. On the subsequent trading days, the course of purchase shaped the course. On Friday there was a long red day candle, which practically equalized the price gains of the two previous days. But the daily type can still be interpreted bullish. As long as the precious metal manages to stay above the SMA20 at the time of the day, as long as it could go upwards to new highs.

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• Current Gold analysis on February 15, 2025: Chart analysis, weekly outlook, trading setups and more – for active day traders

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Gold review: (10.02.2025 – 14.02.2025)

Gold Noted on Monday morning at $ 2,889.5. The precious metal was $ 102.70 above the level on Monday morning of the previous week and $ 29.00 above the week of the week on Friday evening. Gold was able to recover more clearly at the beginning of the week. In the course of this, it went to and over the $ 2,900. In early trade in Tuesday, a new all-time high over the $ 2,940 mark was formatted, but was sold out until Tuesday morning. On Tuesday there was weakness that stopped overriding until Wednesday afternoon. From Wednesday afternoon the purchase interest increased again. The precious metal was able to gradually push up. Until Friday afternoon, moderate impulses went up to $ 2,940. The precious metal could not hold this level and clearly gave up until the late trade on Friday. Gold went from the weekly trade at $ 2,885.3.

The weekly high is above the $ 2,900 brand and above the level of the previous week. The weekly low could also be formatted well above the level of the week earlier. After six trade week in a row with weekly winnings, the first minimal was this trade week Weekly loss shown this year. The range was smaller than in the previous week and was also below the annual average.
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Interest from the broker – directly on the trading account

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On the top with the exceeding of the $ 2,922.7 brand, we expected that gold could start our maximum start-up destination at $ 2,925.6. This movement has set up, the maximum start -up destination was reached and significantly exceeded. The setup did not fit. The reset did not go under the $ 2,860, our start-up destinations on the underside were not achieved.

Gold – how could it go on:

The most important brands based on our gold setup:

• Intraday brand 2.941 and 2,863
• Daily closing marks 2,996 and 2,760
• BREAK1 Bull (Wo-closing) (1,915)
• Break2 Bull (Monday) (2,046)
• Boxing area 2,996 to 1,977
• Cyclical movements 2020 – 2033
• Range 3,152 to 1,677

Gold ChartCheck – Consideration in the Daily / 4h chart:

Daily

Gold has been able to continue his high in the last trading days until Friday of the last trade week. It went down on the second trade day of the last trade week, which is expressed in the red day candle. It can also be read from the chart that this reset has been bought back directly. On the subsequent trading days, the course of purchase shaped the course. On Friday there was a long red day candle, which practically equalized the price gains of the two previous days. Despite the reset at the end of the week, the precious metal is still listed above the SMA20 (currently at $ 2,817.5).

This means that the daily type can still be interpreted bullish. As long as the precious metal manages to stay above the SMA20 at the time of the day, as long as it could go upwards to new highs. Conceivable start-up targets on the top could be the all-time high, the $ 2,955/$ 58, the $ 2,979/$ 81 and overriding the $ 3,000. What is important, however, is that a change of direction will occur directly at the beginning of the week in order to maintain the bullish basic tone in the daily type.

If the reset continues, they could initially go to the area of ​​23.6 % retracement or the SMA20. The 38.2 % retracement runs just below the SMA20, which could also support in the course of weakness.

• Classification of overarching chart image, Forecast (daily -type): bullish

Consideration in the 4h chart:

Gold was able to push up over the last trading days. In the chart it can be seen that reset has always stabilized and recover in the area of ​​the SMA20 (currently at $ 2,908.3). It went under the SMA20 in the middle of the last week of retail, but gold managed to map a change of direction directly and run over this line again. There were significant taxes at the end of the week. In the course of this weakness, the precious metal fell both under the SMA20 and the SMA50 (currently at $ 2,887.6). Both average lines have not offered any significant support, as can be read well from the chart.

The 4H Chart has been clouded by this. The precious metal must try to keep contact with the SMA50. In the chart it can be seen that this average line has been good support in the past. Accordingly, the chart image would cloud if gold loses contact with this line. This could be interpreted as an indication that the levies could continue to expand towards the start-up targets that are recognized in the hourly view and overall towards the SMA200 (currently at $ 2,754.7).

Should it go over the SMA50 again, it is mandatory in our eyes that the precious metal will come off from the SMA50 below and run straight up to the SMA20. The chart image would only lighten up bullish when it manages to establish gold over the SMA20. It remains to be seen whether these price patterns can be mapped in the upcoming trading days.

• Classification of short -term chart image, Forecast (4h): Bullisch / Neutral

Conclusion: As long as gold can stay above the SMA20 at the time of the day, as long as new highs could run. Reseters should recover in the area of ​​the SMA20 at the latest at the latest.

Overarching gold tendency in the KW 08/2025: sideways / down*

• Probability Bull scenario based on our setup: 40 %
• Probability Bear scenario based on our setup: 60 %

Assessment for the new gold trade week:

Long setup: Gold could initially try to stay above the $ 2,885.3 mark. If this succeeds, it could continue to go up to our next start -up destination at 2,887.6, at 2,889.8, at 2,892.1, at 2,894.9, at 2,896.1, at 2,898.6, at 2,902 , 6, at 2,905.1, at 2,908.3, at 2,911.7 and then at $ 2,913.5. Above the $ 2,913.5, our next start-up objectives at 2,916.8, at 2,919.3, at 2,922.7, at 2,925.6, at 2,928.3, at 2,934.2, at 2,937.0, at 2,939.8, at 2,942.8, at 2,945.1, at 2,947.8, at 2,950.1 or $ 2,953.3.

Short Setup: If gold cannot stay above the $ 2,885.3 mark, the precious metal could be our next start-up destination at 2,882.1, at 2,876.9, at 2,871.0, at 2,868 , 4, at 2,866.2, at 2,863.7, at 2,861.5, at 2,858.9, at 2,857.0, at 2,855.4, at 2,852.1, at 2,849.5 and then at 2,847.3 US Dollar start. Under the 2,847.3 US dollar mark, our next start-up objectives at 2,844.9, at 2,839.8, at 2,836.7, at 2,834.1, at 2,829.7, at 2,827.1, at 2,824.6, at 2,821.8, at 2,819.5, at 2,817.0 or $ 2,814.7.

Source: XStation55 from XTB

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