Gold is mainly low long, buy long at 2900

2025-02-27 1494

We clearly stated yesterday to go long at 2900, but the candlestick fell to 2890.7 at one point. Of course, we held onto our order, which was the most accurate one. In the end, the bullish candlestick rose strongly to around 2918, achieving a long profit. Last night was a bit thrilling, but our loss taking was definitely worth it

The golden hour line is a clear double bottom pattern, with the bottom being the 2890 line. It has reached this support level twice in a row, indicating that this point is a strong bullish counterattack. At the same time, the candlestick line has taken the shadow line here, and then the large bullish line directly rises, obviously consolidating the bottom signal. Today, it is still mainly low long, obviously 2900 long

The market doesn't move, we don't move, it's that simple

Investment strategy: Buy long at 2900 gold, stop loss at 2890, target at 2945;

Disclaimer: Investment carries risks, caution is required when entering the market

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