Technical analysis by JosephChristian about Symbol PAXG on 3/31/2025

It is indeed a new round of gold reverse pick-up, retreating to the lowest level of 3076, breaking the new high again, and reaching the exaggerated point of 3112 as of now. The dream of gold reaching 1,000 yuan that the market expects is within reach. In such a violent market at the opening of this week, should we aggressively chase the rise or short? First of all, there are three consecutive positive lines on the daily line, and the bullish trend is actually very obvious. Today, the bulls pushed the point up and stood firmly above 3100, so there is still room for continued rise, and vice versa.The low point of the morning retracement on the hourly line is the dividing line between strength and weakness today. If the price retraces again, the strong trend will be weak. If the price continues to rise in the afternoon without retracement, it will be difficult to choose the entry point. If the position is chosen aggressively, the volatility will be high and the price will lose money. If the position is chosen conservatively, the entry point will not be reached. There are too many factors that affect the rise and fall of gold at present.Gold fell back to 3090-3100, stop loss at 3085, target at 3020-30, no prediction for upper resistance for the time beingGold operation suggestions: Go long at around 3122-3125, stop loss at 3115, target first at 3155. If you are hurt in the market, click the link. I have the confidence to help you get back on track.