Technical analysis by x7p2x7p2 about Symbol PAXG: Buy recommendation (2/26/2025)
https://sahmeto.com/message/3277903
x7p2x7p2
Rank: 27349
Gold bounces back and recovers after sharp fall
Buy
Price at Publish Time:
$2,923.22
Profit Target:
(-0.45%)$2,910
Stop Loss Price:
(-1.41%)$2,882

In today's short-term operation of gold, it is recommended to focus on short-selling on rebounds, supplemented by long-selling on callbacks. In the short-term at the top, focus on the first-line resistance of 2930-2940, and in the short-term at the bottom, focus on the first-line support of 2888-2890.Short position strategy:Strategy 1: Short 20% of the position in batches near 2928-2930 in the early trading of gold, stop loss 8 points, target near 2910-2900, break to see 2890 line;Long position strategy:Strategy 2: Buy 20% of the position in batches near 2890-2892 when gold falls back, stop loss 8 points, target near 2900-2910, break to see 2920 line;
Source Message: TradingView