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

At the 4-hour level, the current oscillating downward trend is more obvious, with a step-down pattern. MA5 and MA10 are glued together and cross 66ma. MACD crosses and the green column increases in volume. The overall idea of ​​falling back is maintained. The 1-hour moving average is still a short position arrangement with a cross downward. After the gold gap opens low, there is a large gap. The gold rebound is unable to continue to fall. It is not easy to cover it in the short term. It will be covered in the process of roundabouts in the market. Today's short-term operation is mainly rebound shorting, supplemented by low longs. Pay attention to 3300 and 3320 resistances on the top to participate in high altitude. Pay attention to the morning low point 3260-3245 support above.Trading is not gambling. If you want to make money in this market, you must keep learning. If you don’t understand, you can click my link. I hope it will be helpful to you.