Technical analysis by ActuaryJ about Symbol PAXG: Sell recommendation (10/23/2025)

Gold Technical Analysis Daily Resistance: 4380, Support: 4000 4-Hour Resistance: 4185, Support: 4015 1-Hour Resistance: 4160, Support: 4065 Gold prices have fluctuated significantly recently. A trading institution recently reviewed the historical trends of gold prices after nine consecutive weeks of gains and concluded that a 20%-40% correction is typical over the next year, with the exception of 1970. Investors should be prepared for a potential multi-month decline of 20%-40% and manage their funds accordingly. However, the long-term bull market logic for gold remains solid. Factors such as the restructuring of the global monetary and credit system, the trend of de-dollarization, continued gold purchases by central banks, and structural imbalances in supply and demand constitute the core support for gold's rise. This view also aligns with the forecasts of many international investment banks for gold prices next year. This year's insane rally is undoubtedly unsustainable. The simple reason is that there is no such thing as a stock that only rises and never falls in the trading market. As for the future market trend, I personally believe that after the rebound, gold will fall below 4000 points, perhaps even back to the 3750-3850 range. This would be a very good place to buy the dip. It also represents the 50% and 61.8% golden ratios of the upward trend from the August low of around 3311. Furthermore, 4000 points is a key psychological support level for retail traders; a break below this level would prompt many undecided traders to exit. For today's trading, follow a sideways range, selling high and buying low. Focus on the upper resistance levels of 4160/4185 and the lower support levels of 4065/4015. BUY: 4065 near BUY: 4015 near SELL: 4160 near SELL: 4185 near More Analysis →As a result, the resistance at 4160 was effective, and the lowest price fell to around 4107. Gold will continue to be sold after the rebound.