Technical analysis by Trading-Diary_Steffen about Symbol PAXG: Buy recommendation (8/27/2025)

Today, gold has held 3373 many times during the retracement process, proving that the current market is still dominated by bulls. Currently, gold has touched above 3390 again, showing that buying power is still continuing. This is also the reason why we have been long on gold in the 3378-3374 area many times today, mainly based on the fact that gold is currently in an obvious bullish structure. But we need to note that although gold continues to rise, it is not strong. Most of the time it still fluctuates at a high level. It may be that the market is not highly unanimous in its agreement on the continuation of the strong bull market stimulated by the news, so the short-term volatility of gold will be exacerbated while it is rising. In addition, gold is becoming more cautious as it approaches 3400. In comparison, there is still a certain amount of suppression in the area around 3400, so we must take into account that gold may still retreat after being under pressure in the short term, so I think it is necessary for us to try to short gold again in the 3395-3405 area; once gold retreats as expected, the first test will be the short-term support in the 3385-3375 area. If the support in the 3385-3375 area is effective during the test, then gold may be able to break through the 3400 mark in one fell swoop, or even continue to the 3410-3420 area. So, in short-term trading. At present, we can consider shorting gold appropriately in the 3395-3405 area. If gold retreats as expected, we will first observe the performance of gold in the 3385-3375 area. If it cannot effectively fall below this area, we can adjust the trading strategy and re-enter the long trade!I have shorted gold in the 3395-3405 area as planned, and now I am patiently waiting to see if gold can retreat to the 3385-3375 area as expected. If gold retreats to this area, we need to pay attention to profit-taking!After completing the long position, I clearly pointed out that we need to try to short gold again in the 3395-3405 area, and are optimistic about gold retreating to the 3385-3375 area. Currently, gold has retreated to around 3385. Although it has not yet fully reached the target area, there is no need for us to stubbornly wait for TP. I have informed all VIP members to flexibly close orders manually near 3386 to prevent profit-taking after the gold rebound. We have once again made good profits in both long and short trades.If you are also following my trading strategy, it is time to pay attention to locking in profits!