Technical Analysis DayTradeIdeas

Technical Analysis DayTradeIdeas
19 February
Gold XAUUSD
- * Gold unexpectedly shot higher to through resistance again at 2900/2905 & shorts were stopped above 2910.
- * Gold is at a critical level as we test the short term 1 week upper trend line at 2935/40.
If you want to try a short, stop above 2944. - * A sustained break above 2944 is a buy signal & we are likely to target 2956/58 & 2962/64.
- * However, failure to beat resistance at 2935/40 targets 2925/22 & 2916/13.

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Daily Technical Analysis is provided by Jason Sen of Day Trade Ideas, who has been day trading since the late 1980’s. Jason has been a contributor of Traders Summit since the beginning. He primarily focuses on providing technical analysis of the financial markets, including stock chart patterns, Forex and Metals setups, and other useful technical analysis.
Please email me if you need this report updated or Whatsapp: +66971910019 – To subscribe to this report please visit daytradeideas.co.uk or email jason@daytradeideas.co.uk
Jason Sen, Director
https://www.daytradeideas.co.uk
20250219
