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

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 last night. 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 shorts in the future. For our intraday operations, the direction is very clear. Rebound is short. The short-term pressure level focuses on the high point of 3265 as the watershed between strength and weakness. Gold has not been able to stand on 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 pressure level and the top pattern appears, we boldly short! In view of the release of CPI data in the US market, the current volatility of gold prices has slowed down. On the whole, it is recommended to short on rebounds and long on pullbacks. The short-term focus on the upper resistance of 3265-3270 and the short-term focus on the lower support of 3200-3160.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?