Technical analysis by Brad_Williams about Symbol PAXG on 3/10/2025

3.10/Gold analysis: mainly range oscillationTechnical analysis:Last Friday, gold showed mixed ups and downs due to the impact of non-agricultural data, and the overall price remained near the 2915 mark, forming a cross K-line suppression oscillation.This shows that the gold market is still in a wide range of long and short fluctuations, and there is no obvious breakthrough signal yet.4-hour chart analysis:Support level: 2897-2903.This area is an important support level for the recent gold price retracement. If the gold price can stabilize in this area, it may rebound again.Resistance level: 2930-2935.This area is the main inhibitory level for the recent rise in gold prices. If the gold price can break through this area, it may further open up room for growth.Operation strategy:Retracement long: If the gold price falls back to the 2897-2903 line, you can consider going long, with a stop loss below 2892, and a target of 2930-2935.If the gold price breaks through 2935, you can continue to hold and wait for further rise.Rebound short: If the gold price rebounds to 2930-2935, you can consider shorting, with a stop loss above 2942 and a target of 2915-2920.Note:Range oscillation: Before breaking through key support or resistance levels, the gold price may continue to maintain a range oscillation trend, and the operation is mainly to sell high and buy low.Breakthrough follow-up: If the gold price breaks through 2935 or falls below 2892, you can consider following the trend and operating with the trend.