Technical analysis by Labaron about Symbol PAXG: Buy recommendation (6/4/2025)

Labaron

📌 Driving events The number of ADP jobs in the United States in May was 37,000, expected to be 110,000, and the previous value was 62,000.📊Comment analysisViews on the trend of gold in the US market! After a day of swinging, gold is still fluctuating between 3372 and 3340. After opening high and closing low on Monday, gold has been fluctuating for two days. The ADP data will be released tonight. Whether it can break the trend of the volatile market tonight depends on the release of the ADP data. If it is still the case, we can only wait for the big non-agricultural data on Friday. In the face of this volatile trend, Labaron still recommends maintaining the previous operation strategy. The support below is 3330-25. If it breaks down, we will talk about it. If it still remains above this level, we will still operate with the oscillating trend. After all, in the face of the current trend of neither long nor short continuity, a single direction will only make you lose all your profits. For the current decline, we should first look at the support of 3330-25!⭐️ Note: Labaron hopes that traders can properly manage their funds- Choose the number of lots that matches your funds