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Technical analysis by MariaLee66 about Symbol PAXG: Sell recommendation (5/12/2025)

https://sahmeto.com/message/3504564
MariaLee66
MariaLee66
Rank: 1349
2.6
Sell،Technical،MariaLee66

The gold Asian market has no rebound power, and keeps oscillating and falling. The highest rebound is 3292 and the line is suppressed, and the lowest is 3259. The rebound is still dominant, so we can just rebound and go short. Today's opening is still difficult to fill the gap. Don't hold out hope. Just keep shorting on the rebound.After all, the international situation is a comprehensive ceasefire between India and Pakistan, and the 30-day ceasefire talks between Russia and Ukraine are mainly negative for gold. Coupled with the technical shorts, it is reasonable for gold to jump short. Today we will treat gold with a rebound and shorting. The top will focus on the suppression of the 3277-91 line. In operation, the rebound and shorting will be the main focus. Be a stable trader. I have been here. If your current gold operation is not ideal, I hope I can help your investment avoid detours. Welcome to come and communicate!Judging from the current gold trend, today's upper resistance is focused on the 3287-93 line, and strong resistance is suppressed near the 3300 mark. This position is also the watershed of short-term strength and weakness of bulls and bears today. Before the daily level breaks through and stands at this position, the main short rhythm of the pullback will continue to remain unchanged.Gold operation strategy:Short gold at 3287-93 when it rebounds, stop loss at 3303, target at 3240-3245, continue to hold if it breaks;Dear traders, trading is not gambling. Don't invest all your hard-earned money into the market. If you find the right trading direction, I believe trading will be smooth sailing for you. And you need to control risks reasonably, which is crucial to your account. Click my link and contact me. I can guarantee you 100% stable profit every week.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$3,263.46
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