XAUUSD Daily Analysis 02/23/2025

Technical analysis

1. Overview of Momentum and Market Structure

• Previous Day: Bearish

• Current Bias: Bearish

• Range: 2954 – 2916

• Expectations: Price is expected to decline towards key liquidity zones and FVGs before potential reversals.

Trading Plan

Bearish Bias

Strategy:
Look for sell opportunities at strong resistance and liquidity zones:

• 2942 (H1 Liquidity - Key Resistance & Possible Rejection Zone)

• 2949 (H1 Liquidity - Strong Supply Zone & Sell Entry Area)

Primary Targets:

• 2921 (H1 Liquidity - First Downside Target & Potential Reaction Zone)

• 2916 (H1 Liquidity - Extreme Liquidity & Major Reversal Zone)

• 2906 (Daily FVG - Strong Demand & Institutional Buy Zone)

• 2900 (H4 FVG - Key Rebalance Zone & Deep Discount Buy Area)

For Long Positions

Strategy:
Look for buy opportunities at strong demand and liquidity zones:

• Buy Levels:

  • 2906 (Daily FVG - Major Demand Zone & Institutional Buy Area)

  • 2900 (H4 FVG - Strong Support Zone & Bullish Reversal Area)

  • 2892 (H4 Liquidity - Deep Discount Buy Zone & Strong Demand Area)

Buy Targets:

• 2916 (H1 Liquidity - First Upside Target & Resistance Zone)

• 2921 (H1 Liquidity - Second Upside Target & Key Sell Zone)

• 2931 (Potential Rejection Zone & Retest of Breakdown Level)

Summary

• Bearish momentum remains valid below 2942, targeting 2921, 2916, 2906, and 2900.

• Short setups become valid near 2942 and 2949 for potential reversals.

• Buy setups become valid around 2906, 2900, and 2892 for potential upside movements.

• Monitor price action at FVGs and liquidity zones for confirmation.