Technical analysis by Reliable_Trading about Symbol PAXG: Buy recommendation (11/3/2025)

My view on gold today is that it will first pull back, then rebound. The main support level is at 3975, and the resistance levels are at 4050 and 4080. Trading strategies are as follows: Aggressive traders can enter long positions near 3996, and add to their positions if it pulls back to the 3975 support level. A more conservative approach would be to wait and see if gold prices retrace to 3975 before entering a long position.Excellent, gold rebounded as expected. Let's maintain this momentum and wait for further profit growth.Gold rebounded as expected, currently trading around 4026. Our long position bought at 3996 has yielded a profit of 300 points. Considering that 4026 is the previous high and presents resistance, I have closed the position for a profit, successfully securing our first trade of the week.