📈 Gold 12th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 2886

Gold trades above DCMP, indicating near-term resistance dominance. Below DCMP, support zones offer buying opportunities.

🔑 Key Technical Levels & Analysis

🛑 Resistance (Sell Zones)

Immediate Resistance: 2883 (Daily R1)

Strong Resistance: 2910 (Weekly R2)

Major Resistance: 2945–2968 (Daily/Weekly R3)

🟢 Support (Buy Zones)

Immediate Support: 2840 (Weekly Pivot)

Strong Support: 2796–2769 (Weekly S1/S2)

Critical Support: 2725 (Weekly S3)

📊 Technical Indicators

RSI: Neutral with bullish divergence potential.

MACD: Signal line crossover hints at short-term momentum shifts.

Fibonacci: Retracement aligns with 2840 (61.8% level), 2910 (38.2% extension).

💡 Intraday Trade Setups

1️⃣ Intraday Buy Trade

Entry: 🎯 2840 (Weekly Pivot)

Stop Loss: 🚫 2796

Take Profit 1: ✅ 2883

Take Profit 2: ✅ 2910

Rationale: Strong confluence at 2840 (weekly pivot + Fibonacci 61.8%).

2️⃣ Intraday Sell Trade

Entry: 🎯 2910 (Weekly R2)

Stop Loss: 🚫 2945

Take Profit 1: ✅ 2883

Take Profit 2: ✅ 2840

Rationale: Resistance cluster at 2910 (weekly R2 + Fibonacci 38.2%).

📉 Critical Observations

Swing High: 2730 (Daily timeframe)

Swing Low: 2726 (Daily timeframe)

Price action above DCMP faces layered resistance; breaks below 2840 may trigger bearish momentum.

🔍 Final Note: Monitor MACD crossovers and RSI reversals for confirmation. Use strict risk management!