#XAUUSDWill gold reverse its trend at the beginning of the week?Gold XAUUSD Trading Trend Analysis on February 17, 2025:
📈Last week's candlestick close shows that gold prices have cooled down after the previous continuous increase. In smaller time frames such as H1 and H4, a double-top pattern is appearing, however, the support zone of 2879-2884 is still quite strong. At the beginning of the Asian session today, gold prices have recovered quite strongly and may return to the 2908-2913 area, or even 2930-2935.
✅Today, the two speeches of Harker and Bowman will show the FED's view on the next interest rate decision, this news will affect investors' trading trends📊.
Today's trading trend: SELL.
🎯 Plan 1:
🧑💻SELL XAUUSD zone 2908 - 2910
🔹SL 2914
🔹TP 2905 - 2900 - 2890 - open.
🎯Plan 2:
🧑💻 SELL XAUUSD zone 2930-2932
🔹SL 2935
🔹TP 2925 - 2915 - 2900 - open.
🎯Plan 3:
🧑💻BUY XAUUSD zone 2865 - 2867
🔹SL 2862
🔹TP 2870 - 2880 - 2890 - 2900.
Wishing investors a favorable and successful trading day ✅✅✅
