Technical analysis by RoryKelvin about Symbol PAXG: Sell recommendation (5/27/2025)

Recently, the gold market has been turbulent, and the price trend has been up and down like a "roller coaster". The gold price has experienced a sharp rise and fall in a short period of time. This drastic fluctuation not only reflects the volatility of market sentiment, but also highlights the complexity and uncertainty of the gold market. Under this situation, everyone has truly felt the unique "speed and passion" of the gold market.Gold prices once fell below the key psychological level of 3,300, reaching a low of 3,288. This was mainly due to the rebound of the US dollar index from a low of more than a month, and the easing of concerns caused by the international trade situation. Although some bargain hunting intervened later, prompting gold prices to rise slightly to around 3,308, the market still focused on the international trade situation, the outlook for US fiscal policy, and the Federal Reserve's monetary policy trends. The main reason for the decline in gold prices this time was the sudden strengthening of the US dollar. Given that gold is denominated in US dollars, the appreciation of the US dollar directly reduces its attractiveness to non-US dollar holders, thereby exacerbating market selling.In summary, the current spot gold market is affected by many factors and the trend is relatively complicated. It is recommended to short gold in the 3320-3325 resistance area, and go long in the 3280-3285 support area below. You can continue to go long after the decline stops. Remind everyone to pay attention to the stop loss; Overall, the short-term operation strategy for gold tonight is to go short on rebounds as the main, and go long on pullbacks as the auxiliary. The short-term focus on the upper resistance of 3320-3325 is the focus, and the short-term focus on the lower support of 3285-3280 is the focus.Operation strategy:1. It is recommended to go long in the 3285-3280 area when gold pulls back, with a stop loss at 3377, and the target is 3300-3310. If it breaks, hold2. It is recommended to go short in the 3320-3325 area when gold pulls back, with a stop loss at 3333, and the target is 3305-3295. If it breaks, hold