XAU/USD | Gold Breaks $5086, Now Testing Key Zones Again!

Feb 11

By analyzing the #Gold chart on the 1-hour timeframe, we can see that after a small pullback yesterday, price made a strong move toward the $5086 resistance. Gold successfully broke this level and rallied up to $5121.

After reaching this important zone, price faced selling pressure and is now trading around $5076.

Key demand zones are $5026, $5050, and $5059.
Key supply zones are $5092–$5099 and $5111–$5121.

If Gold manages to break and hold above the $5120 zone, we can expect further upside toward $5146.

Keep a close eye on price reaction at each of these zones. This analysis will be updated soon.

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban

Feb 11

Trade active

By analyzing the #Gold chart on the 1-hour timeframe, we can see that following the NFP release, price sharply dropped toward the $5020 level. However, this move was quickly absorbed by strong demand, and buyers stepped in aggressively.

After this reaction, Gold recovered and is now trading around the $5085 area. The strong bounce from $5020 confirms that demand is still active at lower levels, and momentum is gradually shifting back to the upside.

If price builds strength and maintains this recovery structure, we may soon witness a powerful breakout above the $5120 resistance zone. A confirmed break and hold above this level could open the door for further upside expansion.

Key supply zones remain $5092–$5099 and $5111–$5121.

Keep a close eye on price reaction around $5120. This chart will be updated step by step as price reacts to key levels.

Feb 12

Trade closed manually

By analyzing the #Gold chart on the 1-hour timeframe, we can see that price is still moving inside a neutral range and not following a clear trend yet.

The $5120 zone remains a very important and decisive level for Gold’s next move. If price manages to push back toward this key level and break above it, we can expect further upside toward levels above $5150.

If this scenario fails, I will update the analysis accordingly.