Technical analysis by RobertaAlsop about Symbol PAXG: Buy recommendation (3/23/2025)

From a technical perspective, the upper resistance of gold is in the 3037-3040 range. If it can be effectively broken, it may set a new high this week. The lower support is stable in the 3005-3000 area. Once it falls below, the market may turn weak. Last Friday's strong drop to the 3000 mark is suspected to be a false breakthrough signal, so everyone needs to be cautious in judging. Today's operation recommendation is to mainly buy on pullbacks, supplemented by high-altitude rebounds.Operation strategy 1: It is recommended to buy near the current price of 3023, stop loss at 3015, and the target is 3035-3045, and the target is 3055.Operation strategy 2: It is recommended to buy near the rebound of 3050, stop loss at 3057, and the target is 3035-2020.The only purpose of trading is to make money. Our weekly profit is more than twice the principal. I think this is more than many people make from part-time jobs. But I also want to remind you that trading is risky and you must have reasonable risk management skills. If you don't understand, you can click on my link and I can help you.