Spot Gold Records a Strong V-Shaped Reversal, Pay Attention to Key Levels

SorryRugPulled · 2026-02-13T18:13:09+00:00

The international spot gold market is showing a strong reversal, indicated by a V-shaped pattern and significant demand accumulation at lower price levels. This creates a solid foundation for potential upward movement. Traders should monitor critical resistance zones and mid-peak levels, as breakthroughs could signal a bullish phase.

SorryRugPulled

2026-02-13 18:13:09

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The international spot gold market has shown a strong reversal in recent periods. The identified V-shaped reversal pattern provides a positive signal for traders monitoring this instrument. According to data analysis from Jin10, there is significant demand accumulation at lower price levels, creating a solid support for the current movement.

Strong Support at Low Levels Forms a Foundation for Upside

This strong reversal foundation stems from concentrated buying activity in the lower price zone. Order accumulation from various participants in this support area indicates a strong conviction in the bullish outlook. The demand base created from these low levels signals that prices have a solid platform to continue the rally.

Key Resistance Zone to Watch at the Peak Edge

Looking upward, traders should focus on a critical barrier located near the lower edge of the previous swing high, estimated around 50XX. This resistance zone is a significant hurdle and requires confirmation to break out. If prices can surpass this level with volume, the bullish signal will become stronger for the next upward phase.

Mid-peak Test: A Crucial Level for Confirmation

In addition to the main barrier, attention should also be given to performance around the mid-peak level near 48XX. This level functions as an important checkpoint in the price journey toward the main resistance. The ability of prices to hold and surpass this level will provide additional indications of the strength of the ongoing reversal in the international spot gold market.

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