International Spot Gold shows a strong reversal with positive signals at key technical levels

RektHunter · 2026-02-13T03:04:37+00:00

International spot gold shows solid reversal momentum, indicating a significant market sentiment shift. A clear V-shaped pattern reveals strong buyer support at lower price levels, suggesting accumulation and a robust foundation for upward movement. Key resistance levels to watch include around 50XX and a critical midpoint at 48XX, which will determine if the reversal momentum can sustain against selling pressure.

RektHunter

2026-02-13 03:04:37

Abstract generation in progress

International spot gold continues to show a strong reversal momentum, reflecting a significant shift in market sentiment. According to analysis from Jin10, a clear V-shaped formation pattern is visible on the price chart, with strong buying support emerging at lower price levels. This condition indicates that accumulation at previous levels has created a solid foundation for upward price movement.

V-Shaped Reversal Pattern and Bullish Accumulation Signals

The formed V-shaped reversal indicates a change in demand and supply dynamics in the gold market. Data tracking shows that buyers have actively accumulated positions at lower price levels, providing substantial cushion for the next rally. This prominent accumulation is not just a technical pattern but also reflects institutional buyers’ commitment to the short-term outlook for gold.

Critical Resistance Levels and Peak Testing Targets

The main resistance zone to watch is around the 50XX area, which marks the edge of the previous highest resistance. Breaking through this level will demonstrate genuine reversal strength. Meanwhile, attention should also be given to the mid-point level around 48XX, an important testing zone during the price rise. Movement here will indicate whether the reversal momentum can sustain or face significant resistance from sellers.

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