Technical analysis by ActuaryJ about Symbol PAXG: Buy recommendation (5/22/2025)

Resistance and support update:4-hour chart resistance level 3355-3360, support level below 32521-hour chart resistance level 3340, support level below 328030-minute chart resistance level 3321, support level below 32903280~3290 below forms short-term support, which is the current short-term buying position. If the NY market falls below, it is likely to fall to around 3250. The first resistance above is 3321, which is the 0.382 position of the decline. If the rise is suppressed in the 3321~3330 range, it can be sold.The number of initial jobless claims last week will be announced in 15 minutes. If the number of initial jobless claims is higher than expected (230,000), it will be bullish for gold; if it is lower than 200,000, it may temporarily suppress the gold price and continue to fall.