2026/02/28 Gold Weekend Analysis

It isn’t a big deal

The gold weekly was a bullish candle

Because I am in a badwood walk, my impression is that in the long term it will be bought

However, be careful that the selling pressure increases as the upper shadow of the bear spike approaches

With that in mind, on the daily chart

It has risen again starting from the 5MA, but it just hits the 2σ

Even if it rises, Monday will be a choice between breaking 2σ or temporarily falling, so it might be wise to observe rather than go long easily from the beginning of the month

However, since it recently broke the starting point near 5236 of the bearish candle, there is a possibility it will be bought at this level again even if it falls

Defensive line for buying

5236

5126

Defensive line for selling

5278

5425