Technical analysis by TP_Daniel5 about Symbol PAXG: Sell recommendation (5/26/2025)

TP_Daniel5

Although the easing of trade tensions in the short term has led to a correction in gold prices, the three core factors supporting the strength of gold still exist: expectations of loose global monetary policy, rising geopolitical risks, and the long-term weakening trend of the US dollar. In particular, the market expectation that the Federal Reserve may maintain loose monetary policy will continue to provide momentum for gold to rise.From the daily chart, the price of gold has shown a clear upward trend since this year. Although there have been several corrections in the middle, the bulls still control the medium and long-term market. After the previous rise in the H4 cycle, it is not so strong now. Instead, it is a volatile trend. The Bollinger band is closed, and the trend strength still needs market stimulation to rise again.The 1-hour moving average of gold has begun to turn, so the rising strength of gold bulls has been suppressed. The high point of the 1-hour rebound of gold has been getting lower and lower, and the low point has also begun to fall. The 1-hour gold has begun to fluctuate downward. The downward trend of the gold rebound is suppressed near 3340. Gold rebounds near 3340 and can still be shorted.Trading is a process of trial and error! When mistakes keep happening, the main problems you face are shrinking funds and psychological suffering! A trader must reduce the probability of making mistakes, because your profit comes from the losses of others. In other words, when someone makes a mistake, there will be profits in the market for people to earn, but you cannot calculate or predict how many people will make mistakes next, how big a mistake they will make, and you cannot guarantee that you are on the right side every time. So, in trading, the only thing you can do is to make the mistake as short as possible when you make a mistake. The rest is to wait for others to make mistakes, let's encourage each other!Gold rebounded today, reaching a minimum of 3323. We have notified everyone to exit the long position with profit.Congratulations to those who followed the trading strategy and reaped high returns. Stick to the trading plan and don't be disturbed by short-term fluctuations. Secondly, you need to have a precise control of the market and stick to your own trading logic. Although the decline was not as fast as expected, our plan is like a safety belt, which can steadily control the profit. It is worth celebrating for those who follow the operation. If you are already in it and it is not ideal, you can come to me and I will help you and will not let you make the same mistake again. Others have already reaped good returns, but you are still hesitating whether to cross the traffic light at the intersection? Remember, hesitation will lead to failure! Follow my pace and you will reap high returns.