XAUUSD Technical Analysis: 22 February 2023

On the daily chart, we can see that gold price has found support around 1818 level and broke the trend-line signaling a potential correction move to the upside.

If price breaks above 1852 level (at 23.60% Fibonacci level), we could see a deeper correction to the 1912 level.

Around 1912 level, sellers could try one more time to push price down to challenge the 1827 level as a potential target on this market.

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