Technical analysis by AlvaRudolph about Symbol PAXG: Sell recommendation (3/21/2025)

Gold rebounded after a correction, and then rebounded to a top, with a weak K-line rebound. It is inevitable to go short at high levels. In addition to the 3025 low, the lower support is 3018, and the strong support is around 3005. As for the upper resistance, focus on the resistance level near the high point of 3057.Short order strategy:Strategy 1: When gold rebounds around 3037-3040, short (buy low) in batches with 20% of the position, stop loss at 3055, target around 3025-3015, and look at 3005 if it breaks;Long order strategy:Strategy 2: When gold pulls back to around 3003-3005, go long (buy high) in batches with 20% of the position, stop loss at 8 points, target around 3015-3025, and look at 3035 if it breaks;Friends, if you come to the market to make money, if you are a novice,you want your family to live a rich life,and you are still facing bankruptcy due to failed transactions, I was once like you,and finally found the code of wealth. I also hope it will be helpful to you, join us,and get rich together! We will bring you high profits every week,otherwise we do not charge any fees.Friends, if you come to the market to make money, if you are a novice,you want your family to live a rich life,and you are still facing bankruptcy due to failed transactions, I was once like you,and finally found the code of wealth. I also hope it will be helpful to you, join us,and get rich together! We will bring you high profits every week,otherwise we do not charge any fees.