XAUUSD signals potential growth if the price rebounds from the lower boundary of the bullish channel and stays above the RSI support line. A breakout above 2905 would confirm further growth toward 2995.
If the price drops below 2845, the trend could reverse downward toward 2805, invalidating the bullish scenario. Key levels to watch are 2865 as short-term support and 2905 as a confirmation point for an upward move.
Date: February 13, 2025
Key Levels:
- Support: 2865, 2845
- Resistance: 2905, 2995