Technical analysis by Reliable_Trading about Symbol PAXG: Buy recommendation (6/12/2025)

The market in the past two days has been affected by many issues such as CPI data, Sino-US trade negotiations, and the escalation of the situation in the Middle East. The price trend is like a roller coaster, with violent fluctuations up and down, which makes people have to be alert to the possibility of a wash.Today's best opportunity is to buy at the support position of 3340-3345. Although I also bought it, I did not insist on holding it. The decline of 3375-3340 was too exaggerated. Then the gold price rebounded all the way, and basically no opportunity to enter the market again was given.Today, the safest thing is to wait and see whether the gold price will fall back to 3340-3345 again to buy. If not, try not to trade. The trading risk of such a market is relatively large. Many trading opportunities are fleeting. Once you make a mistake, you will never recover.The cost of trial and error in such a market is obviously very high, so it is better not to do it than to make mistakes. Even if you do it, you have to wait for an absolutely safe position to enter.