Technical analysis by CrazyInvestorTom about Symbol PAXG: Sell recommendation (5/28/2025)

Gold market analysis:The gold market has changed very quickly recently, and buying and selling have also changed very quickly. Yesterday's Asian session gold still had a buying momentum, and the European and American sessions had already plunged and were directly selling momentum. The 3323 position was broken, which means that the daily line broke the last line of defense for buying, and the short-term line switched to selling. In the end, the daily line closed negative, and the short-term line entered selling. There is still no long-term trend, and the weekly line is still buying. Today, the 3280 position will be tested. This position will break the weekly line before it can enter the selling. I estimate that it will fluctuate and repair in the 3330-3285 range. We can operate back and forth in this range. Yesterday's drop was too much and it also needs to be repaired. If it directly breaks 3280, it can be sold again after stepping back.The lowest point reached yesterday was also 3286, which is also near the major support. Today's key is the gains and losses of this position. The high point of the Asian session rebound, 3315, is a small suppression in the 1H. The stronger ones are around 3323 and 3330. If this position is broken, it means that new buying has begun. In addition, the daily moving average is also suppressing it. It is unlikely to rise directly, and there will be repeated tug-of-war.Fundamental analysis:The US dollar rebounded sharply yesterday, and it is estimated that there will be a rebound today, which will suppress the development of gold.Operation suggestions:Gold-----sell near 3310, target 3300-3280Blindly trading in the market is nothing more than a gamble, unless you have a lot of money and want to play in this market, but I believe that most people come here to make money, but if you don’t have professional market analysis ability, how can you get stable profits? If you also want to gain this ability, please contact me for help