Technical analysis by ActuaryJ about Symbol PAXG: Buy recommendation (11/13/2025)

Gold Technical Analysis: Daily Resistance: 4275, Support: 4050 4-Hour Resistance: 4240, Support: 4155 1-Hour Resistance: 4240, Support: 4210 Technically, the monthly and weekly charts still indicate an upward trend. The daily chart shows a very standard and gradually completing "rounded bottom" pattern. The current candlestick pattern presents key resistance around 4262-4275, a previous support/resistance level. Historically, a downward correction is likely. We need to be cautious on Thursday and Friday, focusing on the support zone of 4160/4155, and also monitoring the continuation of the trend after a breakout above 4300. If the price falls back below 4080, a target of 4000 could be reached. The main strategy for gold in the near term is to continue the upward trend! Looking at the 1-hour chart, the moving averages are diverging upwards, providing support. Note the Bollinger Bands are narrowing upwards, and the MACD/KDJ indicators are providing upward momentum. Today, Thursday, the risk of a bearish market is increasing, and the short-term market continuity remains to be seen. During the European and American sessions, pay attention to whether the price can stabilize around the 4204 support level. The first strategy is to buy at the current price, which is relatively risky. A safer strategy is to look for pullbacks to around 4204/4200 to enter the market. A cautious strategy: BUY: 4204~4200Where will gold go? Does anyone else think it will reach the 4260-4275 range?