Technical analysis by Patrick-Daniel about Symbol PAXG: Sell recommendation (4/25/2025)

Gold rebounded weakly during the European session, and fell twice during the US session, with the lowest price dropping to 3265. However, even though it is extremely weak at present, it is not recommended to blindly chase the short position. The support below is 3260, which is the previous low point and is close to the volatility limit. Instead, you can try short-term long positions with a light position. The short-term pressure above is maintained at 3306, and the breakthrough will gradually reach 3315 and 3328!Operational suggestions: Gold is short near 3310-20, and look at 3300 and 3280! Long positions can be made if the support below 3260 is not broken!At present, gold is still in a state of small shock adjustment. I share a complete morphological system, hoping to help you avoid detours! It doesn’t have to be grand, steady happiness is enough.