Technical analysis by Labaron about Symbol PAXG: Sell recommendation (6/10/2025)

Gold prices continued their decline last Friday and stabilized and rebounded. Yesterday, gold prices fell back to the 3,300 mark, then slowly rose to the 3,338 mark, and fell back after encountering resistance, which is in line with the technical consolidation rhythm. - China-US trade negotiations: The US has released signals that it is willing to relax export restrictions, and the market is waiting for the results of the negotiations, which may affect risk sentiment. - US May CPI data: Inflation changes will provide key guidance for the Fed's policies. - The current trend is weak, but the downside is limited. Buy on dips and avoid large-scale shorting. - Today, it is recommended to wait and see, and wait for the negotiation results to become clear before entering the market to reduce volatility risks.🔥Sell gold area: 3330-3348 SL 3352TP1: $3320TP2: $3310🔥Buy gold area: $3295-$3305 SL $3290TP1: $3320TP2: $3330