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

https://sahmeto.com/message/3275344
mykvmykv
mykvmykv
Rank: 1156
2.7
Buy،Technical،mykvmykv

News interpretation: With the Fed remaining cautious and the Trump administration increasing policy uncertainty, the US dollar and gold markets have diverged. At present, the market's focus is still on the Fed's economic data in the coming months and the implementation of the Trump administration's policies. The trend of the US dollar and gold may continue to be dominated by these factors. This Friday, the United States will release the core personal consumption expenditures (PCE) price index, which is the inflation indicator that the Fed pays the most attention to. The market expects the data to fall to the lowest level since June last year. If the data meets expectations, it may further strengthen the Fed's reasons for cutting interest rates and continue to support gold prices. However, if the inflation data is strong, the Fed may remain more cautious on the issue of interest rate cuts, which may put some pressure on the short-term trend of gold.Gold trend analysis: Gold fell all day on Tuesday, and the US market even plunged, starting from 2944 and reaching 2888 as of the time of writing, with an overall decline of 56 points. Although there is a slight rebound now, it is still fluctuating below 2900. The technical indicators are all bearish now, and have no reference value; now it mainly depends on the consolidation of the end of the trading day, using time to exchange for space consolidation.Specific operation suggestions:1. If the gold price closes above 2900, short and put near 2915 with 2922 as protection in the Asian session on Wednesday, and then observe the break of 2900;2. If the gold price is below 2900, wait for the gold price to rebound and repair to near 2905 in the Asian session on Wednesday, short and put, and observe the break of the low point of 2888;3. As for the operation of taking more, Qinshi Jinsheng recommends waiting for the gold price to break below 2888, and then go long near 2880 to see a rebound, and pay attention to the target of 2900 above.The only purpose of trading is to make money. Our weekly profit is more than double the principal. I think this is more than many people earn from part-time jobs. However, I also want to remind you that trading is risky and you must have reasonable risk management capabilities. If you don’t understand, you can click on my link and I can help you.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$2,915
Stop Loss Price
$2,888
Price at Publish Time:
$2,936.79
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