Oro / Dollaro
Long

XAUUSD BUY ANALYSIS TARGET IN ANALYSIS

255
Gold Spot (XAU/USD) Analysis: February 5, 2025

The chart highlights a continuation of the bullish trend, with a potential retracement before a further upward move.

Key Levels:
Current Price: 2,871.90 USD
Support Zone: The yellow area around 2,845 - 2,831 USD serves as the key demand XAUUSD zone, where buyers are likely to step in.
Stop Loss: Positioned slightly below the 2,831 USD level, to protect against a deeper decline.
Target:
Primary Target: 2,900 - 2,903 USD
Extended Target: Above 2,920 USD, testing the upper boundary of the ascending channel.
Plan:
Entry Point: Wait for a retracement to the support zone (yellow area) for an ideal buy entry.
Stop Loss: Below 2,831 USD, to minimize risk if the support fails.
Take Profit: Aim for the 2,900 - 2,903 USD level initially, with the potential for a breakout toward 2,920 USD and beyond.
Technical Outlook:
The ascending channel remains intact, with bullish momentum continuing.
If price respects the support zone, expect a strong move upward toward the target levels

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