Technical analysis by JoshuaEmmie about Symbol PAXG: Buy recommendation (5/16/2025)

From the 30-minute gold K-line chart, we can see that the K-line has been rising continuously relying on the 5-day moving average. Today, the gold market is relatively strong, but the MACD red column is shrinking, and there may be a short-term correction. In terms of operation, it seems that the negative line is going down all the way. In the future, the gold price will rebound. At least at the daily level, the K-line is still in a bullish trend. It is recommended to do more in the short-term correction of gold and short in the rebound.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?