#XAUUSD Gold Market Analysis 2/25



Gold has already surpassed the important resistance level of 5140, which means that the previous high of 5597 is not a long-term top but a medium-short-term top, and higher highs will still appear.

Currently, gold is clearly in a consolidation phase, with a trading range of 4401-5597, which may last for several months or even half a year. After the consolidation, it will break through the historical high to the upside.

In the short term, 5100 is an important dividing line. Staying above it will continue the rebound.
If it breaks through 5250, caution is needed for a pullback risk.
Below 5100, a correction will begin, with support levels at 4995-5045.
XAUT0,21%
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