XAUUSD Analysis & Projection This Week (Feb 24 2025-Feb 28 2025)

Last week, XAUUSD reached a new All-Time High but got swept, as the weekly candle failed to close at its peak. On the H1 timeframe, the Order Block has been mitigated (refer to the attached chart).
For this week's setup, my bias is towards a retracement into the Order Block (not FVG) before a significant drop (DUMP). I anticipate a clearer price movement around the release of the New Home Sales (January) data.
For this week's setup, my bias is towards a retracement into the Order Block (not FVG) before a significant drop (DUMP). I anticipate a clearer price movement around the release of the New Home Sales (January) data.
Trade fechado manualmente
Prefer Close it since the price would like to get new All Time Higher again, target this week before February End the price should go $3000Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.