Technical analysis by GoldenViewJake about Symbol PAXG: Buy recommendation (5/28/2025)

Gold daily level includes a big negative line, the high price did not break the previous high, the low price broke the previous low, and there was a tail trend, indicating that the gold short position is relatively strong. In the short term, gold stabilized and fluctuated around $3285, and tested upward many times. At the same time, it opened low at $3292 today and then rose. The bull market is expected to continue in the future.Gold 4-hour level is not so strong at present. The market encountered resistance and fell back at the upper track. Now the market has touched the lower track. The Bollinger Bands have not opened and are still flat, indicating that the market is in a volatile trend in the short term. The support below 3280 just coincides with the lower track. The upper side pays attention to the resistance near the middle track of 3325. If the pressure near the middle track 3325 is broken, it can be seen to the upper track 3365. Then, considering this market situation comprehensively, the view is relatively clear. This week, the gold week will see a correction at the beginning, and it will start to see a stabilization and rise after Wednesday, but the rise should be seen in stages. The target of the rise is 3365 first, and the breakthrough is 3400. If the market breaks below 3280, then the market will weaken. Intraday trading, 3280 is used as defense to see a rebound, and attention is paid to the short-term breakthrough of 3325.Overall, the decline of gold just touched the previous support level, and there is a probability of stabilization. Today's operation considers buying first in the retracement layout, and selling at high levels as a supplement. Pay attention to the resistance of 3315-3320 US dollars on the top, and pay attention to the support of 3280-3275 US dollars on the bottom.Gold strategy:Buy range: 3280-3275, SL: 3270, TP: 3300-3310Sell range: 3315-3320, SL: 3330, TP: 3300-3290Key points:First support: 3280, second support: 3275, third support: 3265First resistance: 3315, second resistance: 3320, third resistance: 3330Share my views for free every day