Technical analysis by KellyLondon about Symbol PAXG: Sell recommendation (6/7/2025)

📉📉📉After the shock on Friday, gold fell sharply in the US market, reaching the lowest level of 3316. This shows that the adjustment is not over and will definitely continue next Monday. The short-term 4H cycle has weakened, and the daily cycle is suppressed on the upper track, but the overall market is still in a wide range of fluctuations, continuing the rhythm of May.The one-hour market fell below the key support level of 3330. This point is a short-term turning point for long and short positions. Its loss means that the short-term market has entered a weak and volatile pattern. However, the current market has not yet completely turned into a bearish trend. The subsequent trend is expected to fluctuate downward, but the amplitude is limited, and it is difficult to see a sharp drop. Therefore, short-term operations can be tried, but from a general perspective, long positions are still the main tone. Looking forward to next week, it is expected that the market will fluctuate and bottom out near 3300, and a new round of pull-ups will begin after the bottom is stabilized. The upper short-term pressure is at 3340, and the lower support is near 3300. The overall trading strategy recommends "short-term selling and long-term buying". You can flexibly arrange accordingly to seize market opportunities.Hello everyone, today is the last day of this week. I wish you all a happy weekend. We will continue to set off in the new week and win profits! Then continue to have a happy holiday. This is the return we have invested in the market from Monday to Friday!Repeat once! Sell gold near the rebound of 3345-3350, with the target of 3330-3310If you have doubts, you can look at my previous analysis, and you can find more information to prove that I am right!