Technical analysis by LeoBlackwood about Symbol PAXG: Buy recommendation (4/8/2025)

Influenced by the policy of the United States to impose global tariffs, the market's expectations of a global economic recession have escalated, and funds are flowing into the U.S. dollar as a safe-haven asset at an accelerated pace. Despite the persistent macroeconomic pressure, the gold market still maintains a bullish outlook, and the buying power on dips continuously provides support for the gold price.In the subsequent trading, the main strategy is to go long on pullbacks and the supplementary strategy is to go short on rebounds. Special attention should be paid to the long opportunities at the support level around $2970/68.During the rebound process, it is necessary to first focus on whether the resistance level in the range of $3000 - 3005 can be effectively broken through. If the gold price remains under pressure in this area during the Asian trading session, one can consider participating in short-term short selling around this level. Once the rebound is too significant, the short selling entry point can be shifted upwards to the pressure area of $3030 - 3035 as the second short selling point. Trading Strategy:buy@2970-2980TP:3000Sell@3035-3040TP:3010Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!