Technical analysis by Fortune-signal about Symbol PAXG: Sell recommendation (5/8/2025)

After gold fell below 3400 today, it ushered in a big decline, falling directly below the key position of 3350. Since gold breaks down, let’s take advantage of the trend and go shortSince the bullish volume of gold market has been released, the bullish trend of gold needs to be repaired in the short term before it can rise further.Trading idea: short gold near 3347, stop loss 3360, target 3327