Technical analysis by GoldenViewJake about Symbol PAXG: Buy recommendation (5/19/2025)

Today, the Asian and weekly market returned to the starting point of last Friday, 3252, and then fell again. The short-term market entered a repeated shock market and stabilized at 3200 again. The daily line just stood on the 60-day moving average and rose. The previous weakness has now turned into strength, which just made its Bollinger band close. On this basis, this week is expected to rise in a strong position or stabilize above the middle track of Bollinger. Therefore, the bullish basis is obvious, and the upper side can be seen to 3280.Gold bottomed out and rebounded at the 4-hour level. At present, we can see that there are obvious bottoming signals below. There is still a lot of room for rising, but before breaking 3280, it is difficult for gold to rise unilaterally. Therefore, although it is bullish this week, it is viewed in two stages. Below 3280 is a shock rise, and above 3280 is a unilateral rise. Therefore, when trading, you must pay attention to the difference between short-term and medium- and long-term. For short-term operation, do not chase long positions if the Asian session opens high. You can short near the upper track of the 4-hour session. The support below is 3205-3200. Consider buying when the Asian and European sessions fall back to these two points. Pay attention to the break of 3252 above and then look at the 3265~3280 range.Overall, today's short-term operation strategy for gold is to buy on pullbacks and short on rebounds. The short-term focus on the upper resistance of 3258-3260 is the first line, and the short-term focus on the lower support of 3205-3200 is the first line.Gold strategy:Buy range: 3205-3200, SL: 3195, TP: 3235-3255Sell range: 3258-3260, L: 3265, TP: 3220-3200Key resistance and support:First support: 3205, second support: 3200, third support: 3190First resistance: 3260, second resistance: 3265, third resistance: 3275Share my views for free every day