📊 Gold 19th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 2927

Key Price Zones

Below DCMP (Support): 2904, 2893, 2876

Above DCMP (Resistance): 2938, 2949, 2966

Technical Snapshot 🔍

Pivot Levels: Weekly (2895 support / 2946 resistance)

Swing Levels: Daily High

2730 2730, Daily Low 2726 2726 (monitor for breakout confirmation)

Fibonacci Retracement: Critical confluence near 2895 (38.2% retracement zone)

RSI Divergence: Neutral momentum with slight bearish bias

MACD: Potential bearish crossover if price holds below 2927

Intraday Trade Setups 💡

📈 Buy Idea

Entry: 2895 (Weekly Pivot Support)

Stop Loss: 2876 🛑

Take Profit 1: 2921 (Daily Pivot) 🎯

Take Profit 2: 2946 (Weekly Resistance) 🎯

📉 Sell Idea

Entry: 2946 (Weekly Pivot Resistance)

Stop Loss: 2966 🛑

Take Profit 1: 2921 (Daily Pivot) 🎯

Take Profit 2: 2895 (Weekly Support) 🎯

Why These Levels Matter?

2895: Weekly support aligned with Fibonacci 38.2% retracement.

2946: Multi-timeframe resistance (weekly + daily pivots).

MACD/RSI Confluence: Supports reversal probabilities at these zones.

Final Takeaway ✅

Gold faces stiff resistance at 2946, offering a high-probability sell entry. For bullish reversals, 2895 acts as a demand zone. Always pair entries with strict risk management! 🔥