XAUUSD: February 14 short-term bullish, long-term target 3000

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Gold technical analysis
Daily resistance 2950, ​​support below 2852
Four-hour resistance 2950, ​​support below 2896

Gold operation suggestions: Gold bottomed out and rebounded strongly to break a new high in the shock yesterday. The price of the Asian and European sessions was under pressure and fell back to the 2922 mark and then fluctuated repeatedly. The US session fell and stabilized for the second time at the 2906 mark and ushered in a strong rebound to break a new high. The gold price stood firmly above 2925 and continued the bullish strength. Today, the gold price hit the 2930 mark again at the opening of the Asian session. The short-term gold price experienced a slight adjustment and returned to the bullish strong range.

From the 4-hour analysis chart, today's support below is around 2900-2896, and the pressure above is around 2940-45. Rely on this range to wait for low-price buying during the day. The target is 2950 and then look at the 3000 mark. The short-term bullish strong dividing line is 2896. The daily level stabilizes above this position and continues to buy at a low price.

BUY:2896near SL:2893
BUY:2910near SL:2906
BUY:2943near SL:2940

The strategy only provides trading directions.

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