Technical analysis by Mark-VIP008 about Symbol PAXG on 6/5/2024

From a technical analysis perspective, gold closed below the key 50-day moving average on Tuesday, and the 14-day RSI returned to the negative zone below 50. If gold prices continue to fall below $2,315/oz, the downward trend may extend to the $2,300/oz level. On the upside, gold prices need to break through the 50-day moving average resistance level of $2,337/oz to challenge the 21-day moving average of $2,358/oz.The gold market is at a critical moment in the long-short game. The performance of U.S. economic data will directly affect market sentiment and gold price trends. It is necessary to pay close attention to the upcoming economic data and policy trends to seize investment opportunities in the gold market.However, the market is still mainly short-selling on rebounds. In the short-term, you can rely on the resistance in the 2335-2340 area above to do short-selling.If you want to get the safest trading plan, please contact me.Don't trade emotionally, entering the market to make money is our goal. If your trading is illogical, you can contact me and I will help you.Hope it helps youHope it helps youIf you want to get the safest trading plan, please contact me.If you want to get the safest trading plan, please contact meProfit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.The US will release unemployment benefits data in ten minutes.My analysis is making money, if you want to follow my trading, you can contact me, the profit can reach 200% in a week.My analysis is making money, if you want to follow my trading, you can contact me, the profit can reach 200% in a week.Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Today, gold continues to be short-selling, 2300-2305 short orders are entered, and the 2280 area is concerned belowProfit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.It is recommended to treat gold with a volatile mindset today. The upper pressure is at $2,314. A break above this level may lead to a short-term rebound. Continue to pay attention to $2,328. The lower support is at $2,297. A loss here may increase the short-term decline. Continue to pay attention to $2,286 and $2,277.Hope it helps youProfit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.If your trading is not going well, or you want to expand your profits, you can contact me.If your trading is not going well, or you want to expand your profits, you can contact me.Hope it helps youGoing long on gold, I made a profit of 230 points, which is a very good profit. If you are still losing money, please contact me as soon as possible.Today, both long and short positions have made profits, which is a very good profit. If you see my analysis and follow it, you will also make a good profit at this time. If you want to get a trading plan, you can contact meToday, both long and short positions have made profits, which is a very good profit. If you see my analysis and follow it, you will also make a good profit at this time. If you want to get a trading plan, you can contact meProfit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Today, both long and short positions have made profits, which is a very good profit. If you see my analysis and follow it, you will also make a good profit at this time. If you want to get a trading plan, you can contact meHope it helps youProfit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.