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Technical analysis by H_C_12 about Symbol PAXG on 5/7/2025

https://sahmeto.com/message/3490711
،Technical،H_C_12

The international geopolitical situation has suddenly escalated, triggering market risk aversion and pushing up the price of gold. Today's interest rate decision of the Federal Reserve and Powell's speech will dominate the trend of the bullish and bearish sides. During the Asian trading session, the price of gold has fluctuated sharply. Be wary of a significant pullback after a moderate rise. If the key resistance level of $3400 cannot be broken, the probability of a short-term peak will increase greatly.In terms of operation, avoid chasing high prices. Focus on the impact of the interest rate meeting on the real interest rate and the US dollar index. Buy on dips within the range of $3360-$3400 and sell at high levels to hedge risks. I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.As the announcement of the FED meeting approaches, the market is highly likely to maintain a narrow range of fluctuations. It is recommended that investors trade steadily in accordance with the established strategy. It should be particularly noted that the content of this meeting will directly determine the bullish or bearish trend of the market. To avoid significant risks, it is strongly advised that investors close all open positions before the meeting results are announced, so as to prevent substantial losses caused by the impact of the news.

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$3,374.04
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