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Technical analysis by TP_Daniel5 about Symbol PAXG: Buy recommendation (5/28/2025)

https://sahmeto.com/message/3561031
TP_Daniel5
TP_Daniel5
Rank: 1907
2.4
Buy،Technical،TP_Daniel5

Gold bottomed out and rebounded as expected today. Friends who follow me should be able to clearly feel that I have been insisting on analyzing the trend of "bottoming out and rebounding" recently. Today, gold opened at 3300, and rebounded after the lowest price fell to around 3291. So far, the highest price has reached 3325. Overall, the support below gold is still strong, but the suppression above cannot be ignored. Therefore, the market performance yesterday and today was relatively stable, with small fluctuations as the main trend.In terms of operation ideas, continue to pay attention to the support level of 3290-3295. If it falls back and does not break, maintain a bullish mindset. At present, the long orders in the 3290-3295 range have been notified to enter the market as planned, and are currently in the profit stage. If you encounter difficulties in the current gold market operation, I hope my analysis can help you. Welcome to communicate at any time.From the 4-hour cycle chart, the support below gold is around 3290-3295, and the pressure above is concentrated in the 3330-3340 range. In the short term, the watershed between long and short is around 3275-3283. Before the daily level effectively falls below the watershed, it is still in a long-short shock pattern, maintaining the main theme of "high-altitude and low-multiple" cycle participation.Gold operation strategy: If gold falls back to the 3290-3295 line, you can try to go long. If it further falls back to the 3280-3285 line, you can consider covering long orders, and the target is around 3316-3320.Congratulations to the brothers who firmly executed the trading plan yesterday and made great gains! This once again proves that discipline is more important than anything else, and planning is the soul of trading. No matter how the market fluctuates, sticking to your own strategy is the key to crossing the bull and bear markets. Yesterday's gains are not only the return given to us by the market, but also the best testimony of our self-discipline, patience and persistence. Remember not to be overwhelmed by short-term gains, act according to the plan, control risks, and profits will naturally come. Trading is not about temporary gains and losses, but long-term compound interest accumulation. May we all be more stable and go further and further on the road of trading. Keep it up, brothers.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$3,320
Stop Loss Price
$3,290
Price at Publish Time:
$3,317.2
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