Technical analysis by KittyBaldwin about Symbol PAXG: Buy recommendation (5/12/2025)

Gold 4-hour chart forms a step-by-step oscillation and falls back. It is currently approaching the neckline. However, the moving average indicator is in a messy divergence. The short-term will be roundabout and repeated. The overall idea of ​​falling back and adjusting is maintained. The middle track of the Bollinger Band coincides with the rebound high of last Friday, which is the critical point of this week's short position. There is a large gap in the hour, which is not easy to fill in the short term. It will be filled in the process of roundabouts in the market. Today, gold opened at a low of $3259 and started a rebound trend! At present, today's oversold rebound trend will continue! Gold continues to rebound, and the support below is focused on the $3260 line. Today, relying on this support, we can rebound. The top can look at the $3300 and $3320 lines! On the whole, it is recommended to do more on the pullback and short on the rebound in the short-term operation of gold. The upper short-term focus is on the 3320-3330 line of resistance, and the lower short-term focus is on the 3259-3260 line of support.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?