Technical analysis by EdithTout about Symbol PAXG on 4/16/2025

The intensity of commercial frictions between the United States and China escalated again. The United States imposed a significant increase in customs duties on Chinese goods. China immediately took counter measures, and trade relations between the two sides became tense. Meanwhile, the United States has also applied a comprehensive customs tariff policy to its global trading partners. The main industries such as electronics and drugs face targeted attacks, the stability of the global supply chain, and the morale of avoiding risk in the market has increased sharply. As one of the traditional safe assets, the gold price trend has attracted a large amount of attention. Operating strategy 1: It is recommended to sell exposed when it is bounced to 3335-3340, and the goal is 3315-3305. Operating Strategy 2: It is recommended to purchase when declining to 3285-3280, and the goal is 3310-3335.