Technical analysis by NuggetsWarriors about Symbol PAXG: Sell recommendation (6/23/2025)

Gold market analysis:We have been planning to sell gold last week. The United States participated in the bombing of Iran's nuclear facilities over the weekend, which led to the standard of gold to around 3392. Last week's weekly line still closed negative. Gold wanted to fall, but the fundamentals pulled it up again. It is currently a game between fundamentals and trends. The short-term trend of gold is to sell, but the weekly line is still buying. The selling has not yet broken the weekly moving average and pattern support. This week, I estimate that it will swing a few times before the direction appears. Today is Monday, and the daily line will be baptized by fundamentals.The estimated range of fluctuations is 3340-3386. If it breaks below 3340, we can stick to the previous selling idea. In addition, if it stands at 3380-3386 again, it may set a new high again, or it may continue the strong buying. We need to pay attention to the impact and time of the news. We are just short-term trading. Don't pay too much attention to the direction of the big trend, but you must follow the trend of the day.Suppression 3380-3386, support 3340, strong watershed 3368.Fundamental analysis:The situation in the Middle East has become more tense due to the participation of the United States, and it is difficult to end in the short term. It is still difficult for gold to fall deeply in the later period. There are no major fundamentals and data released this week.Operation suggestionsGold----Sell near 3375-3380, target 3350-3340Yesterday we sold gold when it rebounded to 3390. Now the market price has reached our strategic target and even exceeded our expectations. We have made a huge profit. Now we will analyze the next trading signal. If you need it, please contact me to get it!The goal has been reached, we will analyze the next trading signal. If you need it, please click Contact Me to get it.