Technical analysis by FxWirePro about Symbol PAXG: Sell recommendation (6/27/2025)

Chart pattern-Head and Shoulder Gold pared most of its gains as US and China trade tensions eased. It hits an intraday low of $3291 and is currently trading around $3294.81. Gold prices are holding below the short-term moving averages 34 EMA and 55 EMA and above the long-term moving averages (200 EMA) on the 4-hour chart. Immediate support is at $3340, and a break below this level will drag the yellow metal to $3330/$3300. The near-term resistance is at $3385 with potential price targets at $3400/43420$3450/$3475/$3500/$3550. It is good to sell below $3295 with a stop-loss at $3340 for a target price of $3000.