Technical analysis by WinifredWalsh about Symbol PAXG: Sell recommendation (5/7/2025)

From a technical perspective, gold has a large downward space after rising in the early trading session, from 3438 to 3365 now, with a fluctuation of nearly 73 US dollars. Under this change, we should pay attention to whether the long and short changes of gold will continue. From the perspective of cyclical performance, there is a high possibility of a wave of adjustment space after three consecutive positive lines on the daily line, and the intensity of this adjustment will not be small. It is possible that the big negative line swallows the positive line and goes directly below 3300. If it comes out like this, it can be said that it is difficult for gold to rise this week. On Thursday and Friday, it may fluctuate and fall or fluctuate at a high level.I will post trading signals in the link every week, with an accuracy rate of over 80%. I hope it will be helpful to you.