XAUUSD Daily Analysis 02/20/2025

Technical analysis

1. Overview of Momentum and Market Structure

• Previous Day: Bearish Pin Bar

• Current Bias: Bearish

• Range: 2947 – 2918

• Expectations: Price is expected to continue its bearish move, targeting key liquidity levels before any potential reversals occur.

Trading Plan

Bearish Bias

Strategy:
Look for sell opportunities as price tests resistance near:

• 2942 (H1 FVG)

• 2944 (H1 OB)

Primary Targets:

• 2926 (H1 FVG)

• 2918 (Extreme Liquidity)

Secondary Targets:

• 2915 (H4 FVG)

• 2906 (Daily FVG)

• 2900 (H4 FVG)

For Long Positions

Strategy:
In case of a bullish reversal, watch for buy opportunities at key support levels:

• Buy Levels:

  • 2960 (Daily FVG)

  • 2900 (H4 FVG)

  • 2877 (H4 Liquidity)

  • 2864 (H4 Liquidity)

Buy Targets:

• 2918

• 2926 (H1 FVG)

Summary

• Bearish bias remains valid within the 2947 – 2918 range.

• Short setups are aimed at targets from 2926 down to 2900.

• Long setups become valid if price finds support at key levels, with targets at 2918 and 2926.

• Monitor price action closely at the H1 FVG and OB zones for sell triggers and at support zones for potential reversals.