Technical analysis by MariaLee66 about Symbol PAXG: Sell recommendation (5/13/2025)

Gold technical analysis: The short-term market is still affected by geopolitical factors, the easing of the Russian-Ukrainian war, and the consensus reached between Trump and China on the tariff war. These factors are all bearish for gold. Gold has fallen rapidly in the short term and continued to fall yesterday. Yesterday's decline was more than one hundred US dollars, which has changed the short-term upward trend. It will still be the main market for bears in the future. The downward trend of gold prices since 3439 is still continuing. If it falls below the previous low, that is, 3200, the decline will be further expanded and will run towards the target of 2909 in our previous analysis. Everyone can pay attention to this. Gold opened low and fell this week, and stopped falling and rebounded near the previous low. Now at the four-hour level, a downward trend channel is formed from 3500 to 3440. The current support below the gold price is near 3164. This is the condition that it can fall below the previous low of 3200 before continuing to push down.For our intraday operations, the direction is very clear. Rebound means shorting. The short-term pressure level focuses on the high point of 3265 as the watershed of strength and weakness. Gold has not been able to stand above 3265 in the short term, which means that the market is still in the rhythm of short-selling. Our intraday layout is also based on 3265. When the rebound reaches the top pattern near the pressure level, we boldly short! In view of the release of CPI data in the US market, the current volatility of gold prices has slowed down, so it is recommended to keep an eye on it first. If the gold price touches 3270 after the release of the US market data, you can start to arrange short orders to look down at the key support position of 3200. After breaking the position, you can continue to look at the lower track of the downward channel analyzed in the morning near 3160.Overall, today's short-term operation strategy for gold is to focus on rebound shorting and callback longing. The short-term focus on the upper side is 3265-3270 resistance, and the short-term focus on the lower side is 3200-3160 support.Short position strategy:Strategy 1: Short 20% of the position in batches near 3265-3270 in the early trading of gold, stop loss 10 points, target near 3230-3210, and look at the 3200 line if it breaks;Long position strategy:Strategy 2: Buy 20% of the position in batches near 3200-3205 when gold falls back, stop loss 10 points, target near 3230-3250, and look at the 3290 line 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.