📈 BUY Forecast for XAU/USD on 14.02.2025
An additional signal supporting the rise of XAU/USD is a test of the support line on the RSI indicator. Another confirmation is a rebound from the lower boundary of the bullish channel.
Key resistance to watch is at 2925—a breakout above this level could accelerate growth, pushing prices toward 3055.
However, a decline and breakout below 2840 would invalidate the bullish scenario, signaling further downside towards 2795 and lower.
Initially, XAU/USD may test support near 2870 before resuming its upward movement. If the market remains strong, prices could continue their rally, targeting higher levels.
Traders should monitor price action carefully, as a confirmed break of resistance or support will determine the next trend direction.