Gold (XAUUSD) Key Levels & Strategy – Feb 28, 2025
📈 Resistance: $2885, $2900
📉 Support: $2860, $2840
Trading Strategy
🔹 Bullish above $2885, targeting $2900+
✅ Confirmation: 1H close above $2885, RSI > 55, MACD bullish crossover.
🔹 Bearish below $2860, targeting $2840
✅ Confirmation: 1H close below $2860, RSI < 45, MACD bearish crossover.
🎯 Stop Loss:
Long: Below $2875
Short: Above $2870
⚠️ Watch for major economic events before trading.
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