Leng Yijie: On 2.26, the yellow session will blindly continue to the right side, expecting higher. Oil also moves higher in sync.

LootboxPhobia · 2026-03-01T03:27:06+00:00

Leng Yijie analyzes the current gold and crude oil markets, pointing out that gold bulls remain strong. It is recommended to go long in the 5140-5120 range, with targets of 5250-5350. For crude oil, maintain a strategy of buying on dips, suggesting going long in the 64.0-64.3 range, with targets of 66.0-69.0. Emphasizing that investment should be realistic, technical analysis and a calm mindset are crucial.

LootboxPhobia

2026-03-01 03:27:06

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Never engage in deception; stick to facts and truth. Hello everyone, I am Leng Yijie. (Add Teacher Leng for real-time follow-up strategies)

No one can avoid losses entirely; investing involves technical analysis to determine entry and exit points, along with a calm mindset. Skills are demonstrated through precise entries, thorough analysis, and proven results in the market.

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Gold emphasized yesterday that a pullback to buy again was correct! Recently, the bullish trend has become unstoppable. The oscillation and pullback are opportunities to buy. The daily chart shows three consecutive strong bullish candles with volume, indicating continued strength in the bulls. The 4-hour chart saw a rapid upward extension in the morning, mainly releasing the volume after yesterday’s consolidation and correction, with a strong upward move in the Asian session. We are waiting for a pullback in the European and American sessions to continue buying. Aggressive traders can go long actively. This week, I emphasized that breaking below 5140 would signal a focus on medium-term bullishness. Currently, support levels are at 5140-5100.

Gold: 【1】 Continue to buy on dips around 5140-5120, with a stop at 5100, targeting 5250-5350.

Crude oil is in a high-level consolidation phase. The intraday strategy remains to buy on dips, with potential targets around 68.0-69.0.

Crude Oil: 【1】 Continue to buy on dips around 64.0-64.3, with a stop at 63.5, targeting 66.0-68.0-69.0.

This article is provided by financial analyst Leng Yijie.

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