📈 Gold 13th February 2025 Daily Analysis Based on Main Key Levels 📈

Daily Current Market Price (DCMP): 2917

Below DCMP = Support | Above DCMP = Resistance

Key Levels Summary 🔑

Support & Resistance (Daily)

Resistance (Sell Zones):

Immediate Resistance: 2920 | Strong Resistance: 2937

Critical Weekly Resistance: 2954 🚨

Support (Buy Zones):

Immediate Support: 2909 | Strong Support: 2875

Critical Weekly Support: 2847 🛡️

Swing Levels (Daily/4H):

Swing High: 2730 | Swing Low: 2726

Technical Analysis Breakdown 🔍

Pivot Levels:

Weekly Pivot: 2840 | Daily Pivot: 2892

Fibonacci Retracement:

Price consolidating between 2917 (DCMP) and 2937 (R3). Breakout/breakdown likely to target 2954 (weekly R3) or 2875 (daily S1).

RSI & MACD:

RSI at 54 (neutral), but bearish divergence observed on 4H.

MACD lines converging near zero, signaling potential volatility.

Intraday Trade Setups 💡

1️⃣ Intraday Buy Trade

Entry: 2910 🟢 (Near Daily S2)

Stop Loss: 2875 🔴

Take Profit 1: 2937 🟡 | Take Profit 2: 2954 🎯

Rationale: DCMP (2917) aligns with daily S2 (2910). A bounce here confirms bullish momentum toward 2937.

2️⃣ Intraday Sell Trade

Entry: 2954 🔴 (Weekly R3)

Stop Loss: 2980 🛑

Take Profit 1: 2920 🟡 | Take Profit 2: 2909 🎯

Rationale: Weekly R3 (2954) is a historical resistance. A rejection here targets 2920 (daily R1).

Risk Management ⚠️

Use tight stops for intraday trades (1:2 risk-reward minimum).

Monitor 4H closing prices for breakout confirmations.

Note: Gold remains range-bound; trade reversals at key levels.

📊 Final Takeaway: Focus on 2910 (buy) and 2954 (sell) for high-probability setups. Align stops with swing levels to minimize risk.