GOLD 1H Chart – 12th Feb 2025
Dear Traders,
Here’s the latest 1H chart analysis, outlining key levels and targets for the week.
Gold is currently trading between two critical levels, with a gap above 2905 and below 2883. A confirmed EMA5 crossover and lock above or below these levels will indicate the next price direction. Until then, expect price fluctuations as these levels are tested repeatedly.
Keep in mind that Inflation and CPI data are due today and tomorrow. While fundamental analysis plays a role in predicting gold's movement, our advanced technical analysis is essential for precise entry and exit points during these volatile geopolitical times.
Our strategy remains focused on buying dips and monitoring key levels to identify potential bounce opportunities. Stay sharp!
Resistance Levels: 2905, 2920, 2942, 2963, 2982, 3001, 3021, 3043
Support Levels: Gold Turn Levels : 2883, 2852, 2837, 2817,
Retracement Range: 2802 - 2817
Swing Range: 2747
EMA5 (Red Line) Analysis:
* Currently fluctuating between 2886 and 2905
* EMA5 positioning will be crucial in determining the next trading direction.
Bullish Targets:
EMA5 cross and lock Above 2905 → will open the following bullish Target 2920 ✅Done
EMA5 cross and lock Above 2920 → will open the following bullish Target 2942 ✅Done
EMA5 cross and lock Above 2942 → will open the following bullish Target 2963
EMA5 cross and lock Above 2963 → will open the following bullish Target 2982
EMA5 cross and lock Above 2982 → will open the following bullish Target 3001
EMA5 cross and lock Above 3001 → will open the following bullish Target 3021
EMA5 cross and lock Above 3021 → will open the following bullish Target 3043
Bearish Targets:
EMA5 cross and lock Below 2883 → will open the following bearish Target 2852
EMA5 cross and lock Below 2852 → will open the following bearish Target 2837
EMA5 cross and lock Below 2837 → will open the following bearish Target 2817
EMA5 cross and lock Below 2817 → will open the following bearish Target 2802 (Retracement Range)
EMA5 cross and lock Below 2802 → will open the following bearish Target 2747 (Swing Range)
Trading Plan:
* Stay bullish and buy pullbacks from key levels.
* Avoid chasing tops—focus on buying dips.
* Use smaller timeframes for entries at Goldturn levels.
* Aim for 30–40 pips per trade for optimal risk management.
* Each level can yield 20–40+ pips reversals.
Trade with confidence and discipline. Stay tuned for our daily updates! Please support us with likes, comments, and follows to keep these insights coming.
📉💰 The Quantum Trading Mastery