XAUUSD (Gold) | TECHNICAL OUTLOOK | 23rd Feb;2026XAU/USD is at 5,155.42 USD (+1%), showing strong bullish momentum across multiple timeframes. Technicals like RSI 66, MACD 30.46, ADX 38.88, and moving averages (MA5–MA200) confirm the uptrend.
Key Levels:
Support: 5,142 | 5,136 | 5,132
Resistance: 5,153 | 5,157 | 5,164
Pivot: 5,146
Bullish Scenario: Buy near 5,146–5,148, target 5,157–5,164, or breakout above 5,157.
Bearish Scenario: Sell only if price breaks below 5,142, target 5,136–5,132.
Economic Highlights: USD CPI, Retail Sales, FOMC speeches may impact Gold volatility. Safe-haven demand can keep bullish momentum.
Conclusion: Trend remains bullish; follow support pullbacks for buys and watch 5,142 for bearish risk.
Disclaimer: For educational purposes only. Gold trading is high risk—use stop-loss and proper risk management.
