Leng Yijie: 3.24 Gold Sharply Declines, Waiting to Go Long, Crude Oil Follows Suit

LootboxPhobia · 2026-03-24T03:14:53+00:00

The article emphasizes eliminating fraud in investing and adhering to a principle of seeking truth from facts. The author shares the fear caused by market changes and common misconceptions among investors, particularly the risk of losses caused by heavy positions and locked positions. It recommends that every investor set stop-loss levels and maintain rationality. The investment approach for gold and crude oil provides specific entry points and targets.

LootboxPhobia

2026-03-24 03:14:53

Abstract generation in progress

Never engage in deception; be guided by facts and truth. Hello everyone, I am Leng Yijie. (Add Teacher Leng to provide current trading strategies immediately)

The market has changed, and it has been ruined and tarnished by so-called salespeople. Many people are afraid—afraid to place orders, afraid of financial teachers, afraid of the market. In short, they are afraid of everything. Of course, there is also a saying that I often tell people when they ask me: whether or not you choose to work with me doesn’t matter, but you must take responsibility for your wrong choices! Yijie wants to emphasize that family comes first, work second, and investment third! Heavy positions, holding through orders, locking positions. No matter the situation, major losses are usually linked to these three points. Over the years in this industry, I’ve seen this be the Achilles’ heel for all investors. I personally recommend setting a stop-loss on every trade; don’t let one careless mistake lead to a total loss. Let’s encourage each other!

Currently, live trading accounts are available for profit verification! Since October 10, 2025, multiple doubling events have been completed! [You can verify and observe]

Gold C-wave plunged over $1,300, with an extremely volatile trend. Based on the previous extreme adjustment rhythm of FB86%, around 4100 is a turning point and also the lower boundary of the major channel, where resonance support is observed. I personally believe that the decline is the best entry point. Last night, I also emphasized continuing to buy on dips. Today, we maintain this outlook. We wait for a suitable retracement level to enter long positions.

Gold: 【1】Buy on dips around 4330-4200, with a stop at 4150, targeting 4400-4500-4730.

Oil’s short-term trend is facing resistance at the upper boundary and is declining. The price has fallen below the moving average system, which is arranged downward, and is currently undergoing low-level consolidation. Considering the significant drop yesterday, I will observe this morning. For now, maintain the strategy of buying on dips.

Crude Oil: 【1】Buy near 88.0-87.5, with a stop at 87.0, targeting 91.0-93.5-95.5.

This article is provided by financial analyst Leng Yijie.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.