Technical analysis by JamieLouis about Symbol PAXG: Buy recommendation (4/14/2025)

The volatility of gold has increased recently, which is closely related to the market's rapid reaction to tariff remarks. On the hourly chart, after the gold price surged to $3,245/ounce, it was suppressed by short-term profit-taking and showed signs of decline. The relative strength index (RSI) shows that there is a risk of overbought in the market in the short term, but it has not reached an extreme level, indicating that the pullback is more of a technical adjustment than a trend reversal. In terms of the moving average system, the 5-day moving average and the 10-day moving average continue to maintain a golden cross state, indicating that short-term momentum is still bullish. Investment strategy: Gold more than 3,200, stop loss 3,190, target 3,266Friends, if you come to the market to make money, if you are a novice,you want your family to live a rich life,and you are still facing bankruptcy due to failed transactions, I was once like you,and finally found the code of wealth. I also hope it will be helpful to you, join us,and get rich together! We will bring you high profits every week,otherwise we do not charge any fees.