Technical analysis by gfr5gfr5 about Symbol PAXG: Buy recommendation (2/11/2025)

Gold has now broken through the 2900 mark and reached 2930 and continues to show a strong upward trend.The key question today is: Can the rise continue, or will there be a short-term correction?Trend analysis1. Technical aspects:• If gold breaks through $2950, ​​it may further hit the $2980-3000 mark.• If it encounters resistance at a high level, it may short-term pullback to the $2900-2920 area.2. Market sentiment:• Safe-haven funds continue to flow in, driving gold prices up rapidly.• If there is profit-taking in the market, it may lead to short-term fluctuations.3. Dollar and interest rate factors:• If the dollar continues to weaken, gold will remain strong.• If U.S. bond yields rebound, gold may face certain pressure.Trading strategy• Aggressive long: If gold breaks through $2,950, you can follow the trend, with a target of $2,980-3,000 and a stop loss of $2,930.• Short on rallies: If gold encounters resistance and falls back at $2,950, you can consider shorting with a light position, with a target of $2,900 and a stop loss of $2,965.• Buy on pullback: If the gold price falls back to $2,900-2,920, you can consider placing long orders at a low level, with a target of $2,950-2,980.SummaryGold is still in a strong upward trend. If it breaks through $2,950, the short-term target will be $3,000. However, we need to be wary of high-level fluctuations, and the possibility of a short-term pullback to $2,900-2,920 still exists.Valentine's Day is coming, and we are all preparing surprises for our loved ones, but have you ever thought about investing in a "gift" for your future? The market is ever-changing, but opportunities always come to those who are prepared. I have always focused on exploring accurate trading opportunities and helping clients make steady profits. This time, I hope you can join us and grasp the pulse of the market together! Investment, like feelings, requires trust and long-term persistence. I speak with data and use professionalism to check for you, so that every transaction is more certain. If you are willing to believe me, I will prove it with actions and let your funds find the best destination in the market. If you lose money, I will compensate your funds! Valentine's Day is not only a day to express love, but also a time for you to make the right choice for yourself. Contact me now and start the journey of wealth appreciation together! Let the market become your "cash machine" instead of "heartbreak"! t.me/+k9acVOilVBM2MDI0