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

Today's opening did not rise directly. It opened low and then rebounded at 3332 to 3356, which was considered to have filled the gap. But it still failed to go up. The hourly line was suppressed below the short-term moving average and weakened. Now the price has returned to the low point of 3332, and the overall trend is basically maintained in a volatile and bearish trend.So far today, although it fluctuates downward, it has been running above it. From a technical point of view, there is no big problem with a step-back after breaking, which is a very normal trend.As long as it does not fall below the resonance intersection position of the upper rail pressure line of the channel and the rising trend line here, it will still look upward in the short term. This position is about 3322-3324, which is also the second rising point of the European session on Friday.However, if a large negative line or continuous negative lines break down, then in the short term it will maintain sideways fluctuations above the 3280-3270 support level and then accumulate momentum for an upward attack. I prefer this situation.Because the European session has been weak and falling, the rebound will continue to be bearish and we should expect a second decline. Focus on the 3340 line and stop loss if it breaks 3350. The target is 3324-3320. If it breaks, look at the 3280-3270 support. You can go long if it is touched!