🏆 Gold 24th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP):

• 2942

• 2942

Key Levels Relative to DCMP:

• Support (Below 2942): 2923, 2913, 2901

• Resistance (Above 2942): 2946, 2952, 2954, 2967

📊 Technical Snapshot

Pivot Levels (Weekly):

• Intraday Buy Zone: 2923 🟢

• Intraday Sell Zone: 2952 🔴

Swing Levels (Daily/4H):

• Swing High: 2742 | Swing Low: 2730

Fibonacci Retracement/Extension: Aligns with 2901–2967 range.

• RSI: Neutral with bullish divergence on lower timeframes.

• MACD: Bullish crossover forming near midline.

🚀 Trade Ideas

1️⃣ Intraday Buy Setup

• Entry Price: 🎯 2923

• Stop Loss: 🛑 2901

• Take Profit 1: ✅ 2946

• Take Profit 2: ✅ 2954

Rationale: Weekly pivot (2923) acts as strong support below DCMP. MACD crossover and RSI divergence favor upside.

2️⃣ Intraday Sell Setup

• Entry Price: 🎯 2952

• Stop Loss: 🛑 2967

• Take Profit 1: ✅ 2934

• Take Profit 2: ✅ 2921

Rationale: Resistance confluence at 2952 (daily/weekly pivots). Overbought RSI signals pullback potential.

📉 Critical Risk Zones

• Break Below 2901: Accelerates bearish momentum toward 2876.

• Break Above 2967: Opens path to 2999 resistance.

Pro Tip: Monitor 4H candle closes relative to 2942 DCMP for intraday bias confirmation. Use tight stop losses in volatile sessions! 💡