XAUUSD 25/02/22 1H

Support: 1902 / 1895 / 1887 / 1880 / 1877 / 1870

Resistance: 1910 / 1916 / 1925 / 1932


KOGs Bias for the day:

Bullish above 1885-7 with targets above 1910, 1916 and above that 1925

Bearish on break and close of 1885-7 with targets below being 1880, 1877 and below that 1870

Summary:

Its Friday, there is a lot of news driving the markets so keep it tight and control your lot sizes. The support level just below here is strong so a bounce could propel the price to the upside. However, breaking the immediate support brings us back below the 1900 level and lower pricing are open. We have target below but we want to see where we close today on the daily and weekly.
Supply and DemandSupport and ResistanceTrend Analysis

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