Technical analysis by FXStrategist_Daniel about Symbol PAXG: Sell recommendation (10/21/2025)

Technical analysis of gold: After the gold price fluctuated in the morning session yesterday, it rebounded again by nearly $150 in the U.S. session, basically recovering last week’s losses. It reached a high of 4381 and then fell back. The gold price rebounded again as a safe haven. Is the bull market about to restart? I think the price of gold is about to enter the stage of bull-bear game, that is, the bulls and bears will be in a wide range of fluctuations, sweeping back and forth. The range will be relatively large at that time. This week's market is more important, but I still think that the rise will come to an end. Although the bull rebound is strong, it depends on whether it can continue. If it does not continue to break high, it will go out of the repeated fluctuations. At present, the price of gold has fallen back below 4350 again, and the decline is also very fast, so it is still necessary to be cautious when chasing highs and prevent high-level profit-taking at any time. From a technical perspective, the bulls made a comeback last trading day and recovered all the losses. The daily line closed with an almost bald big sun, forming a pattern of two suns and one shadow with Thursday. We will first look at the high-level adjustments in the morning session. The short-term bullish and bearish rhythms can be properly grasped. There is obvious pressure near 4380 on the daily level. Be cautious about blindly chasing the rise. Everything is possible in the current market! The four-hour support is near 4280. If it falls below here, it will look at 4250-4230. As for the upper resistance, we will first focus on the current stage high near 4380: It should be noted that although the gold price has pierced through the previous high point, it has failed to form a continuation of the market after an effective breakthrough. We need to be alert to the possibility of a "double top" pattern forming between this position and the previous high point. If the subsequent rebound is weak, we need to guard against the risk of a short-term correction. Although the general trend is still upward, it cannot be broken through for the second time, and is expected to form a double top. Overall, today's gold trading strategy recommends shorting on rallies, supplemented by buying on pullbacks. The short-term focus on the upper side is the 4375-4385 resistance area. Once it rebounds to this range and fails to break through, it is expected to still face certain downward pressure. The short-term support on the lower side is the 4330-4320 area. If it stabilizes and does not break, you can consider arranging long orders in advance. If it breaks down strongly, wait patiently for important support to be located in the 4300-4280 area. Arrange long opportunities according to the strength of the decline. Brothers must keep up with the rhythm, strictly control positions and risk management, and do not blindly resist orders.Once you enter the market, you must have the courage to fight it. Cowardice will only set us back further; only by moving forward courageously can we achieve what we desire. Trading is a tortuous journey, not a smooth one. I believe many people see the beauty of the outside world, only to wonder why the risks are always so high? It's because they don't see the reality clearly! We can't change market risks, but we can control them. Since entering this market, I have remained true to my original aspirations. Profits can only be achieved by controlling risks, but as long as we can seize opportunities diligently and adhere to the correct trading logic, we can quickly turn losses into profits. Without a sound system, one lucky break is a lucky break, and two lucky breaks are also lucky breaks, and ultimately, only losses await us!The last hurdle in trading is human nature. Many people have mastered a lot of technical knowledge and even have a good trading system, but they are still unable to make stable profits. The reason is that they are trapped by the one-sidedness of the system and ignore the underlying logic and deeper influencing factors. Trading is not just a technical issue, but also a cognitive issue. Truly mature traders must know what they are buying and selling every time without any ambiguity. They must carefully analyze the current market trends and judge whether they are in line with their own profit model. If they are in line with it, they will execute it. If not, they will wait patiently. The key to trading is not how to seize every opportunity, but how to control their own hearts and steady their hands. When the opportunity truly belongs to them, they must act decisively without any emotional fluctuations. Only in this way can they achieve truly stable profits. If you do not have the ability to respond flexibly to the market in trading, nor are you good at adjusting your trading thinking and rhythm in time with the market rhythm, you can pay attention to the bottom notifications for more specific operation details and strategy updates. Let us pursue more profits flexibly and stably in the unpredictable market!