XAUUSD Technical Analysis 26th February 2025 1h chart

XAUUSD Technical Analysis 26th February 2025 1h chart
– Tuesday Daily candle closed strong Bearish at 2914.400 as price dropped heavily below 2900s forming Daily Resistance at 2952.400.

– I’ll be looking for potential Buys Above 2920.000 targeting previous Hourly Support formed at 2928.800 Leaving Runners to the 4h Resistance formed at 2939.000.


– I’ll be looking for potential Sells below 2905.500 targeting Hourly Support formed at 2896.000 Leaving Runners to the 4h Support formed on 16th February 2025 around 2883.700.


– A heavy drop in gold has broken below the key 2900s level, forming strong daily resistance. Will sellers continue to dominate, or is a pullback coming?