Gold Remains Bullish! Don’t Panic! | February 13, 2026
Hello, good day. Today is Friday, February 13th, 2026. Let’s have the daily analysis of gold. Regarding crypto, I honestly don’t have any analysis at the moment. We’ve fallen into a range where it’s unclear which direction it’s going to break out from. If we look very closely, we could scalp it, but for now, the gold market is much more attractive to us.
Technical Review
I had drawn a channel here after the analysis yesterday, and we broke exactly through that channel to the downside. But what has happened to the price of gold? Let me remove these lines and let’s continue. Let’s see what happened to gold according to the Fibonacci levels.
Fibonacci Levels Analysis and Price Support
The first thing we notice about the price of gold is that in this movement wave ($4,653 to $5,119), our initial profit target was set at $5,400. But the market gave us a very specific correction exactly where we expected. Interestingly, that price correction happened precisely at the 50% Fibonacci ($4,886) retracement level. The price also pulled back to the 50% level and is now at the 38% Fibonacci ($4,941) level. It means the price has found support and is moving upward.
Price Expectations and Target
What we can expect now is that the price might return to the 38% Fibonacci, give us another complete correction down to the 38%, and after that, move upward. Our target is still at the $5,400 price level. As for yesterday’s video, I haven’t changed the label yet; let’s see what the market does today.
Liquidity and Potential Movement Scenario
What we’re expecting is that we had a correction down to the 50% level ($4,886) and we’ve taken the liquidity from this area. We had a very quick pullback to the 50% level exactly as expected. With the start of the Sydney market, we saw this pullback and now we’re moving upward. As I mentioned, there’s a possibility that we might have another pullback to this $4,940 area, but after that, we expect the price to move upward. Wishing you happiness and success.
