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

The gold market has fluctuated significantly recently. The closing price on Friday was fixed at 3326 points, and it opened lower at 3275 in the early trading on Monday, forming a clear gap. Subsequently, the gold price fluctuated and consolidated in the range of 3292 to 3260, and continued to fall in the early trading period. Although it rebounded at noon, the overall strength was weak. Before the European session, the gold price fell strongly from 3282 to 3216. Although it rebounded during the period, it failed to break through 3236. The current gold price is stuck near 3220, and the trend in the evening is particularly critical. The upper resistance is in the range of 3236-3240, and the lower support is in the 3206-3200 line. The overall trend is weak. If the 3200 mark is lost, it may further test 3180. In terms of operation, it is recommended to do more on the callback, and rebound high as a supplement.If you are a beginner and want to get rich quickly, contact me and your profit will double. Our weekly profit is more than 200%. We do not charge any fees before bringing you profits.If you are a beginner and want to get rich quickly, contact me and your profit will double. Our weekly profit is more than 200%. We do not charge any fees before bringing you profits.