Technical analysis by ActuaryJ about Symbol PAXG: Sell recommendation (8/22/2025)

Gold Support and Resistance Update: Daily Chart Resistance: 3360, Support: 3300 4-Hour Chart Resistance: 3358, Support: 3310 1-Hour Chart Resistance: 3348, Support: 3325. Looking at the current market trend, gold hit 3352 yesterday before falling back under pressure. A second surge to 3348 in the US session failed to reach a new intraday high, and gold prices again faced resistance and fell. The decline continued in today's Asian session, currently near 3327, approaching yesterday's low of 3325. Yesterday, it was emphasized that selling on rallies around 3348 is recommended. Today, gold remains bearish, relying on resistance at yesterday's US high of 3348/52. Focus on support at 3325 and 3311 below. We expect minimal volatility before Powell's speech. Buy at the previous low of 3311. If gold prices stop falling in the 3320-26 area, buy early. Buy or sell based on the NY market after Powell's speech. BUY: 3322near BUY: 3311near SELL: 3340near