The Daily Edge – Feb 11, 2025

XAUUSD Approaching Key Levels – 2900 in Focus

Market Overview

• Price broke above 2882 after printing a new ST-HL at 2834
  
• closing above 2900, with 3000 as the next key level
  

Key Zones

• 2870-2880: POI for re-entry if price retraces
  
• 2895: Intraday low – possible liquidity sweep
  
• 2890: Friday’s high – watch for reaction
  

Next Steps

• Scale out risk, but prepare to re-enter at POIs
  
• Wait for retracements into key levels for confirmation
  
• Monitor 1H timeframe for setups near 2895-2890 & 2870-2880
  

Market Insight
We are in the retracement phase—continuation or reversal next?

How do you use retracements to refine execution?

#XAUUSD #Gold #TradingView #MarketAnalysis