Technical analysis by JamieLouis about Symbol PAXG: Buy recommendation (4/17/2025)

In the short term, gold is likely to start to fluctuate in a large range again. The inverted V trend has begun in the 1-hour chart. Gold will either start to fluctuate in a large range or adjust. If there is no bullish news support in the short term, then the short-term gold bulls may be suppressed. In terms of the short-term operation strategy for gold, it is recommended to short on rebounds as the main strategy and to go long on pullbacks as the auxiliary strategy. The short-term focus on the upper resistance line of 3315-3320 is the focus, and the short-term focus on the lower support line of 3245-3285 is the focus. Gold operation strategy reference: Strategy 1: When gold rebounds near 3315-3317, short (buy short) 20% of the position in batches, stop loss 6 points, target near 3295-3285, and look at the 3245 line if it breaks; Strategy 2: When gold pulls back near 3280-3285, go long (buy long) 20% of the position in batches, stop loss 6 points, target near 3305-3315, and look at the 3320 line if it breaks;If you are a beginner and want to get rich quickly, follow me and your profit will double.As long as you stick to it, our weekly profit can reach more than 200%.If you don't get a return, we won't charge any fees