XAUUSD Daily Analysis 02/19/2025

Technical analysis

1. Overview of Momentum and Market Structure

• Previous Day: Bullish

• Current Bias: Bullish

• Range: 2892 – 2936

• Expectations: Price is expected to rise towards key liquidity levels before potential reversals.

Trading Plan

Bullish Bias

Strategy:

Look for buy opportunities from liquidity zones:

• 2900 (H4 FVG - Potential Demand Zone)

• 2906 (Daily FVG - Strong Support Level)

• 2915 (H4 FVG - Key Support Zone)

• 2921 (H4 FVG - Immediate Resistance Turned Support)

Primary Targets:

• 2942 (ATH - Major Resistance Level)

• 2957 (Extension - Potential Extreme Liquidity Zone)

For Short Positions

Strategy:

Look for sell opportunities at strong resistance zones:

• 2942 (ATH - All-Time High & Key Reversal Level)

• 2957 (Extension - High Probability Selling Zone)

Sell Targets:

• 2921 (H4 FVG - First Reversal Zone)

• 2915 (H4 FVG - Key Liquidity Zone)

• 2906 (Daily FVG - Support Zone That Could Turn Resistance)

• 2900 (H4 FVG - Strong Demand Level for Re-Entries)

Summary

• Bullish bias remains valid above 2900, targeting 2942 and 2957.

• A break above 2942 (ATH) could push price towards 2957.

• Short setups are valid near 2942 and 2957.

• Long setups remain valid near 2900, 2906, and 2915 for potential reversals.

• Monitor price action at liquidity zones and fair value gaps (FVGs) for confirmation.