Weekly Gold Analysis 26 February, 1 March 2024

 Gold Analysis 26 February, 1 March 2024

Gold prices have seen a strong uptrend against the US dollar in the past few days. 

Weekly Gold Analysis 26 February, 1 March 2024

 Weekly Gold Analysis 26 February, 1 March 2024


In the weekly gold analysis for the upcoming week from February 26th to March 1st, I will indicate :

  1. Weekly Gold Analysis 26 February 4H Time frame
  2. Weekly Gold Analysis 26 February 1H Time frame
  3. Entry Area To Trade Gold 26 February, 1 March 2024


1.Weekly Gold Analysis 26 February 4H Time frame

 In the four-hour timeframe, gold prices are poised for further upward movement during the week of February 26th to March 1st, as long as there is a breakout of a cluster of peaks as shown in the chart below.

Weekly Gold Analysis 26 February 4H Time frame
Weekly Gold Analysis 26 February 4H Time frame

2.Weekly Gold Analysis 26 February 1H Time frame

 In the hourly timeframe, we have two buying demand zones for gold, the first at the price level of 2030 and the second at the price level of 2020, as illustrated in the chart below in the hourly timeframe.

Weekly Gold Analysis 26 February 1H Time frame
Weekly Gold Analysis 26 February 1H Time frame


3.Entry Area To Trade Gold 26 February, 1 March 2024

Scenario N1 :
Buy limit : 2033
Stop loss : 2029
Take Profit : 2045

Scenario N2 :
Buy limit : 2022
Stop loss : 2016
Take Profit : 2045

 Weekly Gold Analysis 26 February, 1 March 2024 On Youtube channel



Warning: The website does not provide financial signals. Caution should be exercised when trading in financial markets as they are highly risky.


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