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      Gold Resistance and Bearish Risks Rise After Recent Rally

      Gerik

      Commodity

      Summary:

      AU/USD (Gold) is trading near elevated levels after a rebound above $5,000, but bullish momentum shows signs of fatigue as buyers hesitate and range trading persists....

      Sell

      XAUUSD

      End Time
      CLOSED

      5175.00

      Entry Price

      5120.00

      TP

      5230.00

      SL

      5211.07 +103.91 +2.03%

      3817

      Points

      Profit

      5120.00

      TP

      5136.83

      CLOSING

      5175.00

      Entry Price

      5230.00

      SL

      Market Overview

      Gold surged to a multi-week high as the U.S. dollar weakened on geopolitical and tariff news, pushing prices above $5,100. However, this move came with thin trading volumes, reflecting reduced liquidity during market holidays, and not all catalysts have supported sustained upside. While safe-haven demand can lift gold, harder sustainment above resistance has proved inconsistent and prices have spent much of February consolidating within a range. 

      Market Sentiment

      Sentiment is currently mixed to cautious, with some analysts doubting gold’s ability to act as a traditional safe haven amid muted reactions to ongoing geopolitical events. Signs that gold is viewed more as a momentum asset rather than a classic hedge imply potential vulnerability if risk sentiment shifts or the dollar strengthens. This mix of factors supports a tactical sell-on-strength bias rather than chasing further breakout rallies. 

      Technical Analysis

      Gold Resistance and Bearish Risks Rise After Recent Rally_1
      Short-term forecasts indicate that gold has been range-bound between roughly $5,000 and $5,100, unable to maintain extended bullish breaks above resistance. With prices failing to decisively close above the upper boundary of the range, momentum indicators on lower timeframes reflect a lack of conviction to push higher. This situational technical landscape makes rallies near resistance favorable entry points for selling, targeting potential deeper moves back toward or below the lower range boundary. 

      Trade Recommendation

      Entry: 5175
      Take Profit: 5120
      Stop Loss: 5230
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