Technical analysis by TVS-Trader about Symbol PAXG on 6/9/2025

On Friday, the D1 candle broke the side structure, confirming the declining direction of gold prices. Gold prices increased significantly in the Tokyo trading session today after contacting the price gap area at 3395. With this emerging power, the price will reach 3319 at the end of the Asian session. This area can wait for a reaction, and sales can return, as it is the area where sellers paid the price down at the beginning of the session. The European session will pay more attention to the 3334 region, where the penetration point is also important. Sellers will stop ascending power at the daily resistance level at 3345. The sale follows this trend, and it can keep profit away, while the purchase points are used to find a reaction wave to increase and correct. The first region is 3295, and the second region is around 3275. We wish you a successful trading day.