The XAU/USD price continues its movement within the framework of a correction and a bullish channel. At the time of this forecast, the price of gold is 5025. Prices have broken through the area between the signal lines upward, indicating pressure from buyers and potential continuation of the price rise of the asset from current levels. At the moment, the pair is expected to attempt a bearish correction and test the support area near 4965. Subsequently, the forecast suggests a bounce upward and an attempt to develop a price rise toward the area above 5405.
GOLD Forecast and XAU/USD Analysis for February 12, 2026
An additional signal in favor of the rise in the XAU/USD pair on Forex will be the test of the support line on the Relative Strength Index (RSI). The second signal in favor of this scenario will be the rejection from the lower boundary of the bullish channel. The reversal of the XAU/USD pair’s rise scenario will be a price drop and breakout below the level of 5885. This will indicate a breakout of the support area and the lower boundary of the bullish channel. In this case, the pair will continue its decline to the area below 5745. Expect confirmation of the rise scenario with a breakout of the resistance area and closing prices above the level of 5885, indicating a breakout of the upper boundary of the “Head and Shoulders” reversal pattern and the beginning of the pattern’s implementation with upward targets.
GOLD Forecast and XAU/USD Analysis for February 12, 2026 suggests an attempt to test the support area near the level of 4965. From there, the price is expected to continue rising toward the area above 5405. An additional signal in favor of the rise will be the rejection from the support line on the RSI. The reversal of the XAU/USD pair’s rise scenario will be a price drop and breakout below the level of 5885. In this case, the pair is expected to continue its decline with a potential target below 5745.
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