Technical analysis by Mia_Gold about Symbol PAXG on 4/22/2025

The gold market has performed strongly recently, especially in terms of technical performance, showing a bullish pattern. The following is an analysis and strategic recommendations for the recent gold market:Market ReviewRecent performance: Gold closed with a large positive line on the weekly line and continued to rise strongly last week. On Monday, there was a big rise of $100, and the daily line closed with a huge positive line, breaking through the $3,400 mark.Day trading rules (past two months):Rising day: Usually the opening is the low point, driven by the Asian market (Japan, South Korea) in the morning, followed by the Chinese market after the opening at 9 o'clock, and then the European market took over in the afternoon, and the US market continued in the evening.No rise or falling day: Usually after opening high, it is weak or directly breaks the morning low.Technical analysisDaily chart:Indicator: MACD golden cross with large volume, STO overbought shows strong bulls.Support level: 3343 (double top), 3354 (near MA5).Resistance level: 3495, 3535.4-hour chart:Indicator: MACD high golden cross, STO overbought and balanced.Support level: 3430 (double top), 3444 (MA5).Strategy: Consider going long near 3452, target 3473 to 3490-3535.Hourly chart:Indicator: MACD high stable, STO upward.Support level: around 3430-3435.Strategy suggestionGo long on callback:Entry point: 3455Stop loss: 3440Target: 3473-3490Short order strategy:Wait for the price to reach the 3495-3535 range, and the specific operation needs to be adjusted according to the current price.The above strategy combines technical analysis and market operation rules. It is recommended that investors adjust their trading plans according to real-time market changes.