Login / Join

Technical analysis by AIan_Gold about Symbol PAXG: Buy recommendation (7/3/2025)

https://sahmeto.com/message/3612390
AIan_Gold
AIan_Gold
Rank: 278
3.2
Buy،Technical،AIan_Gold

After the release of ADP data last night, gold prices resumed their rise and crossed the high of 3357.88 this week and closed near this position. Today, gold prices opened high and then fell back. Pay attention to the strength of the correction in the morning session and choose the opportunity to go long and bullish. From the current market perspective, the support below can focus on the low point of yesterday's US session near 3333, followed by 3327; before the release of non-agricultural data, the upper pressure will focus on the early trading start point 3366, followed by 3375. The operation in the Asian and European sessions is mainly to go long on the correction, and the high-altitude thinking is abandoned. Specific operation ideas: Go long and bullish when the gold price falls back to around 3338, protect the position of 3330, and the target is to see whether the early trading high of 3365 can break!Yesterday's small non-farm payrolls data was a surprise, and the evening data is likely to be 120,000 less than expected. If the published value is as expected, the gold price will continue to rise. And under the influence of the small non-farm payrolls and non-farm payrolls data that are less than expected, the possibility of an earlier interest rate cut by the Federal Reserve has been boosted, which is also good for gold prices.I will make another analysis of the non-farm payrolls layout in the US market. Please pay attention to it in time

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$3,365
Stop Loss Price
$3,330
Price at Publish Time:
$3,356.41
Share
Signals
Top Traders
Feed
Alerts