Technical analysis by George_Lester about Symbol PAXG: Buy recommendation (4/1/2025)

Yesterday, the gold price strongly rallied by more than 40 US dollars. Since gold easily broke through the 3,000 level, the bullish trend seems boundless. We need to keep in mind that the end of an uptrend is not determined by the high point, but by the support level. That is to say, it is the breakdown of the key support level that can determine the short-term direction.According to the chart, the trend of gold this week is very similar to that of last week. Therefore, in terms of the short-term trading strategy for gold, it is still recommended to go long on pullbacks as the main approach and go short on rebounds as the secondary approach. In the short term. Focus on the key short-term resistance levels at 3145-3150, and monitor the key short-term support levels at 3115-3120.XAUUSD trading strategy buy @ 3123-3127sl 3115tp 3135Preserve capital, manage risk, generate returns, achieve sustainable long-term profitability, and continuously learn and develop through trading. Access the link below the article to obtain more information.The gold has reached the second strong support level and is ready to start rebounding