Technical analysis by JamieLouis about Symbol PAXG: Buy recommendation (4/15/2025)

From a technical perspective, the US dollar index rebounded, but the strength was not great, so it temporarily suppressed the strength of gold's rise, but it did not affect the overall trend. For the time being, the trend is still biased to rise. Now, gold has continued its bullish trend and has risen again, but the trend strength has not yet been reflected. Therefore, under the trend, we need to see the room for another rise. According to the current technical performance, the daily line may have a peak demand after closing. If the daily line does not break the new high of 3245 again, we should pay attention to the possibility of adjustment, and determine the top after the daily line closes negative, and there may be a big drop in the future. Although it is a bullish trend for the time being, we should pay attention to the possibility of gold adjustment. In the process of falling back, the H4 cycle did not break the Bollinger middle track support point. Temporarily wait for the mid-term adjustment of gold to be completed. There will be another wave of rise with the changes in the mid-term of H4. First look at the high points of 3235-3245 in turn, and start to rise at 3193-3195. If it continues to rise, it will look at 3235-3245. Don't look too much at the rising space in the future. After this wave of rise, there may be adjustments in the short cycle. The long position is likely to be around 3200-3205. If it falls back to this point, you can continue to go long. Gold operation strategy: Go short if it touches 3235, stop loss at 3245, target around 3200; go long if it falls back to 3200-3203, stop loss at 3193, target point 3220-3230;