February 25, 2026 Spot Gold Morning Analysis

Yesterday, gold prices experienced extreme volatility, soaring to 5250 in the early session before encountering resistance and pulling back. During the night, prices plunged sharply to 5090 and then quickly recovered. The entire day saw wide fluctuations, with the bulls unable to hold onto high levels and the bears unable to break through, ultimately settling into a weak sideways pattern.

There was no major news data; mainly, the previous rally was too strong, prompting funds to take profits and exit. The US dollar's slight rebound suppressed gold prices. Tonight's focus will be on technical corrections, making it unlikely to see large directional moves.

Technical analysis: Resistance at 5220-5250 is strong and difficult to break through; support at 5090-5120 holds for now, and prices are unlikely to fall below. The candlestick pattern shows a rebound followed by a pullback, with indicators leaning bearish. In the short term, expect a range-bound consolidation—avoid chasing highs or panicking at lows.

Evening trading suggestions: Weak sideways movement, buy low and sell high. If prices rebound to 5190-5210 and encounter resistance, consider light short positions with a stop loss above 5220. Target levels are 5100-5070.

Overall, prices are stuck in a range where they can't move up or down decisively. Stability is key—protect your stop losses diligently.

The above is only personal advice for reference and does not constitute investment advice. Please follow Cheng Jingsheng's strategic layout for specific trading decisions!!$XAU ‌#XAUUSD