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

Analysis of gold trend: The price of gold has risen more than 200 points this week. Although it is affected by the news, the interest rate decision will be released this week. The market generally expects it to remain on hold, but Trump has been putting pressure on Powell to cut interest rates in advance, which is undoubtedly good for gold prices. After the interest rate decision, if the Federal Reserve keeps the interest rate unchanged and Powell announces a dovish stance later, the price of gold may surge upward and then fall. At that time, I will re-plan my thinking; if something unexpected happens and Powell turns hawkish, the price of gold will dive more sharply than in the early trading.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.