Technical analysis by H_C_02 about Symbol PAXG on 6/28/2025

On Friday, gold prices rebounded to $3,328 at the start of Asian trading but were resisted, followed by a sustained decline. Influenced by the U.S. May PCE price index data during the U.S. session, prices hit a low of $3,255 and closed at around $3,274, forming a large bearish candlestick with a long lower shadow on the daily chart.Influencing Factors: Optimistic expectations on trade agreements boosted market risk appetite, weakening gold's safe-haven appeal.Technical Analysis:- Daily chart: Gold has broken below the 5-day moving average, with short-term moving averages in a bearish arrangement.- 4-hour chart: The Bollinger Bands have widened, and prices are trending lower along the lower band. The key resistance level at $3,310 is critical—failure to reclaim this level may intensify short-term selling pressure.Outlook for Next Week: Events such as the global central bank governors' meeting, non-farm payroll data release, and discussions on Powell's potential resignation will disrupt the market. Gold is expected to fluctuate sharply around $3,270, with caution advised for a secondary bottoming.Comprehensive Judgment: The bearish probability is high:- Upper Resistance: Focus on the $3,310–$3,300 range, a key bull-bear dividing line. A breakthrough here could reverse the trend.- Lower Support: Watch the $3,250 level—breaking below it may open further downside.Indicator Signals:- MACD: Bearish crossover below the zero line with expanding green bars, indicating accelerating downward momentum.- RSI: At 39 in the oversold zone, showing potential for a short-term bottom, but bearish momentum remains dominant.XAUUSD sell@3290~3280sl:3310tp：3260~3250I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.