The Daily Edge – Feb 12, 2025

XAUUSD Holds Momentum While 2900 Faces Rejection

Market Overview

• Price continued higher but rejected 2900, leaving a long wick.
  
• Key re-entry zones:
  
• 2870-2880 POI (aligned with last week’s Thursday high and open).
  
• Tuesday’s low, which holds liquidity for potential continuation.
  

Key Observations

• Rejection at 2900: Selling pressure present, but no major breakdown.
  
• POI at 2870-2880: A key liquidity area for long re-entries.
  
• 4H structure remains intact, showing a consolidation → expansion → retracement cycle.
  

Next Steps

• Manage longs while price holds structure.
  
• Look for re-entries at 2870-2880 if price retraces.
  
• Expect continuation if support holds at POIs.
  

How do you use market rhythms like consolidation, expansion, and retracement to improve execution?

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