Technical analysis by ActuaryJ about Symbol PAXG on 8/27/2025

Gold Support and Resistance Levels: Daily Chart Resistance: 3405, Support: 3330 4-Hour Chart Resistance: 3405, Support: 3350 1-Hour Chart Resistance: 3394, Support: 3370. Spot gold's recent performance signals a stalemate between bulls and bears. Gold prices have failed to break through the key resistance level of $3,400, leading to a strong wait-and-see sentiment in the market. This pullback and the subsequent decline may signal a reversal of the upward trend that began at the low of $3,321. A break below $3,370 would technically confirm a trend reversal. If the market stabilizes around $3,370 and resumes its upward trend, the current decline could be considered a technical correction. However, due to the significant weakening of upward momentum, even if gold breaks through $3,400, upside potential is likely to be limited, with a break above the previous high of $3,408 unlikely. During NY trading, focus on the upward pressure in the 3394-3408 range, and the downward support in the 3360-3350 range. NY Market Safeguard Recommendation: Sell Range: 3398-3403 Buy Range: 3358-3353 A risk-taking strategy is to try buying at the current price.If you had taken the risk and bought near 3375 as we just mentioned, you would have made a profit of 70 pips. Let's look forward to seeing the price continue to rise.