Technical analysis by ActuaryJ about Symbol PAXG: Sell recommendation (11/18/2025)

Gold Technical Analysis: Daily Resistance: 4110, Support: 3930 4-Hour Resistance: 4095, Support: 4000 1-Hour Resistance: 4055, Support: 4000 In the short term, the gold bull market faces the risk of cooling. However, medium- to long-term bulls do not need to panic. Future tariff inflation risks, the trend of central bank gold purchases, and the prolonged geopolitical economic uncertainties, along with the Fed's declining real interest rates, will continue to support gold's core value as a safe-haven asset. The market is at an inflection point; gold bulls need to patiently wait for clearer inflation data or the triggering of new safe-haven events before resuming the upward trend. The technical picture is largely in line with recent analysis expectations. The continuous decline on the daily chart strengthens the short-term bearish outlook. After the price broke below the Bollinger Middle Band support, the bears are bound to extend the decline. The 4000 level remains crucial in the short term. A decisive break below this level would warrant a short-term sell signal, targeting 3930 or even a drop below 3900 to around 3880. Conversely, if the price rebounds and recovers 4100 in the short term, a buy signal is also warranted, potentially leading to a return to the 4220/4250 area. We need to pay close attention to the possibility of a December rate cut exceeding 60%, as this could trigger a sharp rebound in gold prices. Looking at the 1-hour chart, after the European session opened, gold's rebound was met with resistance near the middle Bollinger Band at 4043. It is currently in a downward pressure phase. Watch for resistance at the lower edge of the triangle consolidation range mentioned in yesterday's analysis, around 4050/4055. Trading Strategy: BUY: 4000~3996 SELL: 4050~4055 More Analysis →The bearish strategy at 4050 yielded a profit of 70 pips. You can close out some of the profits. Set protection