XAU/USD Technical Update – 9 Feb 2026
Gold is trading at $5,017.73, showing strong bullish momentum across multiple timeframes. Key support is at $4,987–$5,016, while resistance lies near $5,035–$5,064. In a bullish scenario, buying dips near support can target $5,035 and $5,064 with a stop loss at $4,980. In a bearish case, selling near resistance can target $5,016 and $4,987 with a stop at $5,070. Overall, the trend favors buying on dips, but overbought conditions may trigger short-term corrections.
Key Levels:
Support: $4,987 – $5,016
Resistance: $5,035 – $5,064
Bullish Scenario:
Buy dips near $4,987–$5,016
Targets: $5,035 / $5,064
Stop Loss: $4,980
Bearish Scenario:
Sell near $5,035–$5,064
Targets: $5,016 / $4,987
Stop Loss: $5,070
Strategy: Follow trend; buy on dips, sell near resistance. Overbought indicators may trigger short corrections.
Disclaimer: For informational purposes only. Trading involves risk.
Gold is trading at $5,017.73, showing strong bullish momentum across multiple timeframes. Key support is at $4,987–$5,016, while resistance lies near $5,035–$5,064. In a bullish scenario, buying dips near support can target $5,035 and $5,064 with a stop loss at $4,980. In a bearish case, selling near resistance can target $5,016 and $4,987 with a stop at $5,070. Overall, the trend favors buying on dips, but overbought conditions may trigger short-term corrections.
Key Levels:
Support: $4,987 – $5,016
Resistance: $5,035 – $5,064
Bullish Scenario:
Buy dips near $4,987–$5,016
Targets: $5,035 / $5,064
Stop Loss: $4,980
Bearish Scenario:
Sell near $5,035–$5,064
Targets: $5,016 / $4,987
Stop Loss: $5,070
Strategy: Follow trend; buy on dips, sell near resistance. Overbought indicators may trigger short corrections.
Disclaimer: For informational purposes only. Trading involves risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.