Core Viewpoint - The market opened positively on February 23, with a significant upward movement following a strong close the previous week, indicating bullish sentiment and potential for further gains in gold and silver prices [2][3]. Market Performance - The market opened at approximately 5106, reaching a high of 5171 during the session, reflecting a strong bullish trend [2]. - The previous week's closing at 5103 set the stage for a likely high opening and upward momentum, with expectations of a continued bullish run [2]. Technical Analysis - The weekly chart showed a long lower shadow hammer candlestick pattern, suggesting ongoing bullish demand for the market [2]. - The daily chart indicated three consecutive upward movements, reinforcing the overall upward structure [2]. Geopolitical Factors - The market is influenced by geopolitical tensions and concerns over tariff policies, leading to increased investment in safe-haven assets like gold [2][3]. - Attention is focused on the U.S.-Iran situation and U.S. tariff news, which could further impact market dynamics [3]. Price Levels and Support - Gold prices have successfully broken above $5000 and established a key support level at $5100, which is critical for maintaining upward momentum [3]. - Any price retracement that does not breach the $5100 level is viewed as a buying opportunity, while a drop below this level would signal potential weakness [3]. Trading Strategy - The trading strategy suggests monitoring the $5100/5120 area for potential buying opportunities, with a target of reaching $5200 [3].
陈峻齐:黄金没有意外今早如期拉升
Xin Lang Cai Jing·2026-02-23 13:25