Technical analysis by JoshuaEmmie about Symbol PAXG on 5/12/2025

At the 4-hour level, the current downward trend of shock is more obvious, and the shape is a step-down. Ma5 and Ma10 are glued together and cross below 66ma. MACD death cross is combined with green column volume, and the overall idea of ​​falling back and adjusting is maintained. The 1-hour moving average is still a downward short arrangement. After gold jumped down and opened, there is a large gap. Gold rebounded weakly and continued to fall. It will be difficult to cover the losses in the short term, and it will be covered in the process of roundabouts in the future market.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.