XAUUSD Analysis 2-18-22

Gold is currently trending bullish due to the Ukraine news and the overall market sentiment. Price is currently retesting a previous level from which price broke out from and I am expecting a bullish continuation if price continues to respect structure and break the previous highs.

1. Price is currently bullish
2.Price created a high/ possible retest level
3. Support was formed at 1886.60
4. A break above 1896 can indicate continued bullish momentum
Chart PatternsgoldtradingTrend AnalysisXAUUSD

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