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Daily GOLD Forecast – 19.2.2025

A potential rise in XAU/USD is supported by a test of the RSI support line and a rebound from the lower boundary of the "Triangle" pattern. If the price breaks 2855, this scenario is invalidated, signaling further decline toward 2805.

For an upward movement, a breakout above 2935 would confirm resistance breach, targeting levels beyond 3045. Initially, a dip to 2905 is possible before a rebound. However, a drop below 2855 would reinforce a bearish trend, aiming for 2805.