23.02.202615:35 Forex Analysis & Reviews: Trading Signals for GOLD on February 23-25, 2026: sell below $5,170 (21 SMA - 61.8%)

Relevance up to 09:00 UTC--4

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Gold is trading around $5,142, around 61.8% of the Fibonacci retracement with a bullish bias. Gold is showing signs of exhaustion, which means a technical correction is likely to occur in the coming days.

In case of a technical correction towards the 21 SMA around $5,050, we could expect gold to resume its bullish cycle. In the short term, the instrument could reach the +1/8 Murray located at $5,317.

The 61.8% Finonacci retracement represents a continuation of the bearish cycle that might span from $5,600 to $4,400, so this level is likely to be a key point for bears to sell gold.

If the bullish cycle continues, we could expect gold to reach +1/8 Murray around $5,317 and could eventually rebound to its all-time high around $5,600.

Technically, the $5,160 zone represents a level for a technical reversal, so gold is expected to fall towards the psychological level of $5,000 in the coming days and could even reach the 200 EMA around $4,870.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.