Technical analysis by Labaron about Symbol PAXG: Sell recommendation (5/29/2025)

Labaron

📊Comment AnalysisAfter gold fell in the Asian session, the entire European session rebounded continuously, and the US session hit the 3318 line. Overall, it is still a wide range of shocks and washes out. No matter whether it rises or falls, it is not continuous, and the fluctuation range is large, which is difficult to grasp in short-term operations.The current rise cannot be regarded as a strong trend. The characteristic of the shock market is repetition. The 4H cycle opens at 3326 as a watershed. Beware of a fall below this position in the US session. You can try to go short near 3320/3325. At present, it is a key position to bet on the short position. If it goes up, it will be 3340/3350. The rise in a short period of time is too large, and once it falls back, the strength will be the same.⭐️ Note: Labaron hopes that traders can properly manage their funds- Choose a lot that matches your funds- Profit is 4-7% of the fund account- Stop loss is 1-3% of the fund account