Gold steadied in Asian trade and remained on track for strong February gains, supported by heightened geopolitical tensions and global economic uncertainty.
Disruptions in U.S. trade policy and concerns over slowing growth in major economies kept safe-haven demand firm, aiding bullion’s recovery.
The primary trend remains bullish; on the 4H chart, prices are sustaining above the pivot level of 5173.
Prices are advancing toward immediate resistance at 5250; a breakout above this level could trigger further upside momentum.
The 12 EMA remains above the 52 EMA, confirming continued bullish strength in gold prices.
R1=5250 R2=5430 S1=5100 S2=5000
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