Technical analysis by Reliable_Trading about Symbol PAXG: Buy recommendation (10/31/2025)

The Fed cut interest rates, gold fell; easing US-China trade tensions, gold rose? The gold market's movements in the past two days have left many puzzled, but this is normal. You can't predict the market every moment; when fundamentals and technicals contradict each other, price fluctuations are inevitable. I remain bullish on the overall trend, but in the short term, we need to pay attention to possible changes in the direction of gold prices, especially since the current price is fluctuating around the 4,000 mark. Only when gold prices truly break out of their direction will market buying be stimulated; otherwise, without buying interest, a pullback is possible. Given the volatile short-term market, we should choose to take profits promptly rather than holding on, unless significant factors supporting a sustained rise in gold prices emerge. Looking at the 1-hour chart, the 4000-4010 range has become a watershed between bulls and bears. If the price can hold above this level, it will inevitably attract bulls, at which point we can take advantage of the situation and enter long positions. If the support level around 4000 cannot be held, then don't consider going long.