Technical Analysis of Gold - Monday, February 23, 2026

Technical Analysis of Gold - Monday, February 23, 2026

📅 Friday's Close: 5108

🔵 Overall Trend (Daily)

The trend remains bullish as long as trading stays above the 5035 – 5050 zone. Sustaining above 5080 reflects a clear strength in buying momentum.

🟢 Positive Scenario

Sustaining above 5075 – 5085 supports the continuation of the upward movement.

🎯 Expected Targets: ✔️ 5128 ✔️ 5145 ✔️ 5170 (Extended target in case liquidity continues)

Any corrective drop towards 5075 is considered a buying re-entry.

⛔️ The bullish scenario is invalidated by a clear break below 5050.

🔴 Alternative Scenario

A break below 5050 opens the path to: 📉 5020 📉 4985

Here, the short-term trend shifts to a deeper correction.

⚡️ Hourly and 15-Minute Frame

The momentum is positive as long as the price remains above 5095. Breaking below this level would lead to a quick correction to 5075 before a potential resumption of the upward trend.

💎 Conclusion

The trend is bullish – buying with the trend is optimal. Capital management is paramount. The nearest resistance at 5128 deserves close monitoring.

📌 The market does not move randomly… but rather through liquidity and smart positioning.