AUUSD (Gold/USD) Forecast for February 27, 2025

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AUUSD (Gold/USD) Forecast for February 27, 2025GoldOANDA:XAUUSDIvankaCrypto📊 XAUUSD (Gold/USD) Forecast for February 27, 2025 Current price: $2886.47 Technical Analysis: •Support level: $2876 •Resistance level: $2900 Indicators: •A sharp price drop is visible, but oversold indicators suggest a potential bounce. •Bearish momentum may slow down, depending on upcoming economic data. Fundamental Factors: •The US dollar is strengthening due to rising Treasury yields. •Traders are awaiting the US PCE report — volatility is expected. Possible Scenarios: 1️⃣ Bullish scenario: •A bounce from $2876 could push the price towards $2900. •A breakout above $2900 may open the way to $2915. 2️⃣ Bearish scenario: •A break below $2880 might drag the price down to $2865.