Technical analysis by Trading_Grorge about Symbol PAXG: Buy recommendation (5/8/2025)

On Thursday, spot gold continued its corrective trend. The price fluctuations were mainly driven by the news that the United States and the United Kingdom were about to announce a trade agreement, and the market's risk aversion sentiment significantly cooled down. The focus of the market during the day was on the latest developments of the US-UK trade agreement. According to multiple sources, the two sides were on the verge of announcing a new trade arrangement, and this expectation directly affected the short-term trend of gold. There may be many traders who have suffered heavy losses due to today's fluctuations. You can join my free Telegram channel and follow my signals, which can help you recoup your losses and make profits.The VIP services include but are not limited to signal services and account management. For more details, you can learn after joining the channel.