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

📌 Market Review: Strong continuation, bulls dominateYesterday, gold opened high and moved higher, breaking through the 3400 mark. Although it retreated briefly, it quickly stabilized. The US market rose again, reaching above 3430. The daily line closed with a bald big positive line, showing extremely strong buying momentum.📊 Technical analysis: The bullish trend is stable, and retracement is an opportunity✅ Daily level:Moving average system: MA5-MA10 bullish arrangement, prices continue to rise along the 5-day moving averageBollinger Bands: Opening upward, no signs of closing, and there is still room for growthK-line structure: Continuous large positive lines, no peak signal, strong trend continuityKey support: 3400 (psychological barrier), 3380 (5-day moving average)Upper target: 3450, 3480, 3500✅ Short-term (4H/1H):High-level oscillation upward, limited retracement, and rapid recovery after each adjustmentOperation idea: Go low and long with the trend, avoid going against the trend and betting on the top🎯 Today's operation strategy: Continue to buy on retracement1⃣ Steady long order:Buy near 3473-3475, stop loss 3467, target 3488-35002⃣ Aggressive long order:If it falls back to 3450-3455, you can add more with a light position, stop loss 3445, target 3470-34803⃣ Be cautious with short orders:The current trend is extremely strong, and the risk of shorting against the trend is extremely high. Only short-term quick entry and exit (if 3500 is not broken, try shorting with a light position)🚨 Risk warningMarket sentiment is extremely bullish, but be wary of sudden news that causes violent fluctuationsStrictly stop loss and avoid heavy positions🔥 Conclusion: Trend is king, follow the trend and buy low!