Technical analysis by GoldenViewJake about Symbol PAXG: Sell recommendation (6/9/2025)

Gold opened at 3310 today, and reached 3321 before falling back. This is consistent with our weekend analysis of rebounding at 3320-25 and shorting. Today, we continue to focus on the short-term suppression of 3320-25, and focus on the important suppression position of 3338-45. Gold closed upside down last week. From a technical point of view, it is still mainly rebounding and shorting.Gold daily level includes a positive inverted hammer line with a long upper shadow line. The oscillator index has gradually weakened in the oversold area, and the probability of continued pressure on the upper side is high. In the short-term trend, the oscillating upward trend of gold stopped at around 3403 US dollars. It is obvious that the bullish trend ended after breaking below 3330. The strength and weakness line below is at 3280, and the resistance level is at 3336 US dollars. It will continue after the breakthrough.On the whole, the short-term operation strategy for gold today is recommended to sell at rebound highs as the main strategy, and buy on pullbacks as the auxiliary strategy. The short-term focus on the upper side is the 3320-3325 line of resistance, and the short-term focus on the lower side is the 3280-3275 line of support. Gold strategy:Buy range: 3280-3275, SL: 3265, TP: 3300-3310Sell range: 3320-3325, SL: 3335, TP: 3300-3290Key points:First support: 3280, second support: 3275, third support: 3265First resistance: 3320, second resistance: 3325, third resistance: 3335