Technical analysis by KittyBaldwin about Symbol PAXG: Buy recommendation (5/9/2025)

From a technical point of view, the daily line has been in negative trend, which is definitely weakening. Whether the market will continue in the future needs to be observed. If it is established, the lower side may be seen at 3260 and 3200, but if the daily line is positive on Friday, it can also turn strong at any time. After all, the current price is just near the middle track of the daily Bollinger, and both rise and fall are possible.In the 4-hour cycle, we should pay attention to today's closing situation. The price is temporarily around 3300. If it continues to fall, the lower track of Bollinger will open, which may form a unilateral trend, rebound, and Bollinger will close, and it will rise strongly again. Therefore, it is not easy to say the specific rise and fall situation for the time being. It is recommended to observe more to see whether the Asian and European sessions break the new low of 3288, and the upper pressure is 3350 and 3370. In the morning, gold rose first and then fell, and it was quite fierce. It is recommended not to chase orders. Pay attention to the support of 3288 first. If it does not break, try to go long. If it breaks, it will go to the low point of 3260. It is expected that gold will have another wave of rising space on Friday.If you are currently struggling with your losses, or which order to follow among so many strategies, you can choose to click on the link to contact me. If you need help, I will always be here, but if you don’t even extend your hand, how can I help you?If you are currently struggling with your losses, or which order to follow among so many strategies, you can choose to click on the link to contact me. If you need help, I will always be here, but if you don’t even extend your hand, how can I help you?