🟡 Has the correction wave ended, or are we in a "warrior's break"?
After a fiery start to 2026 that saw unprecedented historical levels (exceeding $5,500 per ounce in January), the yellow metal is currently going through a phase of "tense fluctuations" as we approach the end of February. Here’s a quick reading of what’s happening and what we expect:
📉 The current scene (mid-February)
The past few days have seen a noticeable decline, as gold broke the $5,000 barrier downwards to stabilize around levels of $4,900 - $4,940.
* The reason? Pressure from the strength of the US dollar, and a lack of liquidity in Asian markets due to Lunar New Year holidays, in addition to natural "profit-taking" after the towering peaks.
🔮 Predictions until the end of February 2026
Technical and fundamental analyses indicate two likely scenarios for the remainder of the month:
* Scenario of stability and rebound (likely): Remaining above the strong support level of $4,880 may drive gold back to test levels of $5,000 again before the end of the month, supported by continued central bank purchases and existing geopolitical tensions (like Geneva talks and Middle East tensions).
* Scenario of continued correction: If the level of $4,870 is broken and closed daily below it, we may see additional declines towards areas of $4,800 or even $4,700 as a deep corrective movement before resuming the rise in the spring.
💡 Advice for followers:
* For long-term investors: Gold is still in a "historic upward trend," and most global banks (like JP Morgan and Goldman Sachs) are setting targets above $6,000 by the end of the year. Any current decline may be an opportunity to strengthen positions.
* For short-term traders: Caution is very much required, as current fluctuations are "intense." Monitor levels at $4,900 as a safety valve for your positions.
Summary: The end of February is a period of "pulse-checking" and direction determination. Gold is looking for a solid base to launch from again.
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