Technical analysis by mykvmykv about Symbol PAXG: Buy recommendation (2/28/2025)

Today we are bearish, gold fell as expected, and we also caught two waves of shorts in the actual market, and we grasped the entry points very well; from a technical point of view, on the daily line, yesterday's daily line closed with a large negative line, on the hourly line, the 4-hour moving average is short-sell and downward, MACD is large, and the Bollinger band is diverging downward. The gold price relies on the lower Bollinger track, the 1-hour moving average is short-sell, and MACD is dead cross with large volume. At present, the short trend is strong, and it is recommended to continue shorting on the rebound.Operation suggestion: short at 2863-65, stop loss at 2874, target at 2856-42.I am not 100% correct here, only a sound operation idea. You can click on my link, do the trend with a large position, do the swing with a small position, and control the proportion yourself. There is no unprofitable investment, only unsuccessful trading! Whether you can make money depends on the timing of buying and selling. Making money depends on opportunities, investing depends on wisdom, and financial management depends on expertise.