The Daily Edge – Feb 11, 2025
XAUUSD Approaching Key Levels – 2900 in Focus
Market Overview
Key Zones
Next Steps
Market Insight
We are in the retracement phase—continuation or reversal next?
How do you use retracements to refine execution?
#XAUUSD #Gold #TradingView #MarketAnalysis
Market Overview
- Price broke above 2882 after printing a new ST-HL at 2834
- closing above 2900, with 3000 as the next key level
Key Zones
- 2870-2880: POI for re-entry if price retraces
- 2895: Intraday low – possible liquidity sweep
- 2890: Friday’s high – watch for reaction
Next Steps
- Scale out risk, but prepare to re-enter at POIs
- Wait for retracements into key levels for confirmation
- Monitor 1H timeframe for setups near 2895-2890 & 2870-2880
Market Insight
We are in the retracement phase—continuation or reversal next?
How do you use retracements to refine execution?
#XAUUSD #Gold #TradingView #MarketAnalysis
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.