Gold Dafu 2.27 Evening Major Gold Level Analysis

Looking at the 4-hour chart, the price previously surged to 5249 and then quickly pulled back, followed by repeated oscillations within the 5160-5210 range. This is a typical manipulation by the main force to clear out floating positions and prepare for a breakout.

Tonight, on Friday, a large bullish candle directly broke through the consolidation zone, confirming bullish momentum. However, it has not yet stabilized above the range, indicating a "breakout + retest confirmation" stage. The bullish breakout candle has a full body, showing strong buying power, but the long upper shadow indicates selling pressure still exists above. During the consolidation, candles are mostly small doji or small candles, and volume remains relatively steady, consistent with a shakeout. Once volume increases and breaks through 5249, it will open up new upward space.

It is recommended to go long around the 5210-5190 support zone, with a stop loss at 5180, and a target of 5240-5250. A strong breakout could lead to further gains toward 5280-5300.

If the price encounters resistance below 5249 again and cannot break through, consider shorting near 5249 with a stop at 5255 and a target around 5210. Short-term shorts should be cautious and take profits when favorable.