Technical analysis by H_C_02 about Symbol PAXG on 7/1/2025
XAU/USD: $3,350 is the key focus for bulls and bears.
The gold price broke through the key level of $3,330 during the European session, which was what the bulls had been trying to break through last week. This level is both the 50-day moving average and the resistance point at the upper edge of the descending channel. Technical indicators show that buying power is accumulating.However, $3,350 is a key resistance level above. If the gold price can break through strongly, it will target $3,400; conversely, it will look to the first support level of $3,330.Recent news will dominate the trend of gold, and traders should trade cautiously.XAUUSDsell@3345-3350tp:3330-3320I 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.