Gold Analysis & Trading Strategy | February 23

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Gold Analysis & Trading Strategy | February 23GoldOANDA:XAUUSDGold_Maestro✅ 4-Hour Trend Analysis ● Since the 4842 low, the structure has continued to print higher highs and higher lows. ● Price has strongly broken through 5050 and 5080, currently trading around 5107. ● MA5 / MA10 / MA20 are in a bullish alignment and expanding. ● Bollinger Bands are opening upward, with price running near the upper band. 📌 4-Hour Conclusion: Bullish trend confirmed, in the acceleration phase of the primary uptrend. ✅ 1-Hour Trend Analysis ● Continuous bullish candles pushing higher with almost no deep pullbacks. ● Moving averages show a standard bullish alignment with strong momentum. ● Price is currently consolidating slightly above 5100. ● 5085–5095 has become a short-term support zone. 📌 1-Hour Conclusion: Short-term bulls dominate; trend remains healthy. 🔴 Resistance ● 5120–5135 (upper structural resistance) ● 5150–5170 (potential extension targets) 🟢 Support ● 5085–5095 (short-term support) ● 5050–5065 (pullback confirmation zone) ✅ Trading Strategy Reference 🔰 Long Strategy (Primary Plan) 👉 Entry 1: 5085–5095 👉 Entry 2: 5050–5060 🎯 Target 1: 5120 🎯 Target 2: 5135 🎯 Extended Target: 5150 📍 Logic: Continuation of the primary uptrend. 🔰 Short Strategy (Scalp Only) 👉 Entry: Above 5120 🎯 Targets: 5095 / 5085 / 5065 📍 Logic: Technical pullback at highs, not counter-trend trading. ✅ Risk Control ● If price breaks below 5085 → possible retest of 5050 ● If price breaks above 5120 convincingly → further upside opens ● Current Market Phase: Mid-stage of the impulsive leg, strong bullish expansion phase.