Technical analysis by TP_Daniel5 about Symbol PAXG: Buy recommendation (5/30/2025)

Gold fluctuated downward in the Asian session on Friday, while it remained in the range of 3287-3303 in the European session. Although it tried to break through the short-term pressure level of 3300-3306 many times, it has never been able to stand firmly. I arranged to go long at 3288-3289 in advance, notified to enter the market at the point, and finally reached the target of 3303 perfectly, earning 15 points of profit! Quick, accurate and ruthless, with the right idea, profit-taking is as easy as drinking water! Therefore, it is recommended that we continue to pay attention to the short-term support of 3290-3285 below. If the price fails to break through the support range like in the early trading, you can consider trying to enter the long position.Given that today is Friday, the market volatility may be "demon-like", so you need to be extra cautious in operation and pay close attention to the changes in the market. At the same time, you must keep in mind the principle of "taking profits for safety"-lock in profits in time when you can see them, and don't easily bet on trends that you don't understand. If your current gold operation effect is not ideal, I hope my analysis can help you avoid some detours. Welcome to communicate at any time!Today, the monthly, weekly and daily lines closed simultaneously. At the same time, the PCE data will be released during the US trading session, and the market volatility may intensify.From a technical point of view, 3285 is also the key to long and short today. If gold does not break 3285 today, the strength of gold bulls is expected to continue, and there is still room for gold to move upward. If gold continues to fall and falls below 3285, then gold may begin to fluctuate in a large range. The upper resistance is in the 3320-3330 area, and the focus is on the 3335-3340 line of suppression. Pay attention to the 3290-3285 line of support below, and the key position below is in the 3280 area. If it breaks below the 3280 area during the day, the market is expected to fall again to the 3265-3250-3240 area.Currently the 3280 support has been broken, and considering shorting gold based on the strength of the rebound.With the recent ups and downs in the market, and frequent switching between long and short positions, many investment friends are caught off guard or don’t know where to start. The price drops as soon as they buy in and rises as soon as they exit. They suffer continuous losses back and forth. In fact, this is the situation that many novice friends will encounter. Here I would like to tell you that you need to have a precise control of the market and stick to your own trading logic. Of course, these are empty talk for some novice friends. After all, they have just entered the market and do not have a strict trading plan. Most of them chase rising and falling prices, which leads to serious losses. ou don’t know when to enter the market and want to double your profits? As long as you persist, your weekly profits can reach more than 100-400% without complicated operations.