Technical analysis by mykvmykv about Symbol PAXG: Buy recommendation (2/26/2025)

Gold reached a new high yesterday but fell back. The intraday trend was still good. In the evening, it broke through the previous support of 2916 and fell sharply to 2888. However, since the general trend is still bullish, it happens to be the weekly support. So far, it has rebounded by 40 US dollars, and the overall trend is still volatile. The daily line closed with a long lower shadow Yin line. Today, we will temporarily operate according to the idea of ​​volatility. If it is close to 2930 or 2943, we can consider continuing to short. The lower support is today's low and the other is near last night's low. If there is a signal, continue to buy. Due to the large fluctuations yesterday, it is not easy to get a position today, so it is only for reference for the time being.Operation suggestion: First rise close to 2930 and 2940 to sell, and first fall close to the intraday low or yesterday's low to buy.