Technical analysis by Louisa00000 about Symbol PAXG on 4/10/2025

Gold range: 3160-3135As shown in the figure: Four-hour cycleGold's current range: 3110-3130Key pressure range: 3130-3135The bottom price of this wave of strong rise is: 2970, which is the strong support area of the double bottom structure.Yesterday, the gold price adjusted around 3050, and started to rise strongly around 3060.Next, we have to consider two high-probability trends(1)Oscillating repair: 3160-3130 range oscillation(2)V-shaped structure break: Direct breakthrough after a short adjustment: 3130-3135, target 3200-3300Then the strategies brought by the two high-probability trends are very clear:1: Go long at low prices.2: Above 3060, the bullish attitude is all over.3: When the gold price pulls back, look for a suitable low price and use 3050 as the stop loss.So what we need to do today is: wait for a pullback and fully test the stability around 3060-3080. Adopt a strategy of buying more on a low-price pullback.Stop loss 3050.Target 3200