t>

On February 12, 2026, gold is quietly regaining its status. OANDA by AstronautPioneer: XAUUSD — TradingView


📈 Trend Line

The uptrend line has clearly been maintained since the recent bottom.

Structure: Consecutive higher highs and lower lows → uptrend continues.

Price is currently trading above the trendline → buyers are still in control of the market.

👉 As long as the trend line is not obviously broken, the priority of the scenario is still to buy with the trend.

🟢 Support area: 5,001 – 4,999

compatible:

• Lower boundary of the recent oscillation zone
• Assembly area before upward thrust
• Near the uptrend line

This is the buyer’s defensive zone.

Expected reaction:
If the price returns to this area, a candle with a long lower tail or consolidation may occur → and then continue upward.

In case of severe fracture:
→ Short-term upward trend weakens
→ Price may retest deeper support areas.

🔴Resistance Zone: 5,200 – 5,202

Prices in the area have been rejected multiple times before.

Prices are now approaching a retest.

Two main scenarios:

1️⃣Reject after resistance
A long upper tail or sell engulfing candle appears (bearish engulfing)
→ The price is likely to return to the 5,000 area.

2️⃣Strong penetration above 5200
The candle closed significantly above the resistance level
→ Confirm supply zone breakthrough
→ Open the way for a new rising wave.

📌 Trading settings

Buy gold: 5,001 – 4,999
Stop Loss: 4,991
Take Profit: 100 – 300 – 500 pips

Sell ​​gold: 5,200 – 5,202
Stop Loss: 5,210
Take Profit: 100 – 300 – 500 pips



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *