Technical analysis by Matthew_8888 about Symbol PAXG: Buy recommendation (10/21/2025)

Gold directly recovered Friday's losses and hit a new high yesterday, which undoubtedly reflects the strength of the bulls. As mentioned in my post yesterday, with the support level of 4218 held, the low points have been gradually moving up, and a breakthrough above 4280 was only a matter of time. After breaking through 4280, the price surged all the way to a high of 4381, before starting to decline slowly. The gold bulls have risen again, and the current correction ended in the form of a rapid adjustment, allowing gold to return to the bull market. From a technical perspective, the short-term correction has been repaired, and the price has moved back above all major moving averages, indicating that the market has regained its strength. The 1-hour moving average is still diverging upward in a bullish trend, leaving room for further upside in gold. Additionally, factors such as the U.S. debt crisis, the U.S. dollar credibility crisis, risk-aversion sentiment, and the interest rate cut cycle are driving gold prices higher. As long as these issues are not resolved or mitigated, the escalating contradictions will inevitably push the price to rise further. Today's Strategy: If gold pulls back to the range of 4320-4330, consider going long on gold appropriately and set up a stop-loss order for risk protection.The specific buying point will change according to the actual market conditions. If you need to follow this strategy, please be sure to contact me before trading to determine if it is safe.Gold was under pressure at 4380 and fell back to 4320. Long orders have been entered, waiting for the rise.