Technical analysis by Crazytrader00011 about Symbol PAXG: Buy recommendation (2/25/2025)

Crazytrader00011

Yesterday's gold daily line showed an upward rush. Gold hit a new high of 2956 again, but the bulls did not continue, but continued to fluctuate at a high level. The daily line closed with a big positive. Today, my idea is to be bullish at a low level. The bulls have the possibility of setting a new high again. The daily line formed a strong support platform at 2916-2920. If this position is not broken, we will insist on being bullish. If this position is broken, it will bring about a daily adjustment. We will not guess the trend first, but follow the trend at a low level. The 1H rising trend channel remains intact, and the Asian session pays attention to the opportunity to step back.Gold pays attention to the hourly support near 2934 and 2942. These two positions are opportunities for the bulls to get on board in the Asian session. In addition, the bullish 5-day moving average support of the daily line is near 2941, that is, the Asian session near 2942 is a superimposed support. In addition, the suppression position is near 2956, which has a double-headed signal at the hourly level.Support 2942 and 2934, strong support 2956, and the strength and weakness dividing line of the market 2634.Operation suggestionGold-----Buy near 2930-2940, target 2960-2980My friends have been following me and making stable profits, ranging from tens to hundreds or even thousands of dollars per transaction. Anyway, they have been making stable profits. If you also want to make stable profits, please contact me for help