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Technical analysis by Louisa00000 about Symbol PAXG on 4/8/2025

https://sahmeto.com/message/3396479
،Technical،Louisa00000

Current pressure of gold: 3015-3020As shown in the figure:We now integrate the downward channel 0 of gold into the chart and draw a very clear conclusionThe most direct pressure facing gold is the 3000 watershedThe convergence pressure comes from around 3015-3020The downward support has touched around 2955ObviouslyIn the coming days, gold will most likely continue to weaken, continue to converge and oscillate in the 2955-3020 range, and repeatedly test the differentiation effect of the 3000 integer mark.The corresponding strategies are as follows:Focus: Pressure around 3015-3020, short, stop loss 3025Focus: Support around 2955-2960, long, stop loss 2950The targets of both long and short sides are 3000 points.Because there is a high probability that a new trend will break out here at 3000 in the futureThis is my current viewIf you are interested, please leave me a message, I am happy to discuss with you, thank you

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$3,020.66
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