Gold $XAU

XAU
XAUUSDT
5,017.4
+1.65%

(XAU/USD) Analysis – Feb 2026

Current Trend: Gold is showing consolidation after recent gains, testing key support levels.

Support Levels: $1,950 – $1,970 per ounce

Resistance Levels: $2,020 – $2,050 per ounce

Technical Indicators: RSI neutral around 50, MACD showing sideways momentum.

Market Sentiment: Cautiously bullish; safe-haven demand remains strong amid global uncertainty.

Outlook: A breakout above $2,020 could push XAU toward $2,050, while a drop below $1,950 may lead to a retracement to $1,920.

Summary: Gold remains a defensive asset with moderate bullish bias. Traders should watch the $2,020 resistance and $1,950 support for next directional moves.

#XAUCoin #TradeCryptosOnX #MarketSentimentToday #GOLD_UPDATE #TradingCommunity