Technical analysis by Quaid_3 about Symbol PAXG: Sell recommendation (12/15/2025)

Gold continued its upward trend, exhibiting a renewed upward movement without any pullbacks. The highest point reached was 4350, close to Friday's high of 4253. In this current upward trend, it's advisable to close out some positions with profits, as the bullish momentum is quite strong, and to avoid a technical pullback in prices. Gold has been rising steadily on the hourly chart. Although the rise in silver has contributed to this, the bullish sentiment remains strong. The key question now is whether gold will continue its upward trend and break through 4355. If it does, it will likely test the historical high of 4381. The current trend has been moving upwards along the middle Bollinger Band. Even if there is a pullback, as long as it doesn't break through 4315, the trend will remain extremely strong. The 4-hour chart shows no decline at the Asian open this week. There are currently no suitable entry opportunities in the European session. Short-term focus is on the resistance around 4355, with further testing of this resistance level expected. Quaid suggests a small short position. If there is a strong break above 4355, the target should be the historical high of 4381. Short-term strategy: Try shorting around 4350-4355, with a stop loss at 4360 and a profit range of 4320-4315. The current market is highly volatile; I will update more trading information in the channel.Prices are slowly falling back from the resistance level. Those who have implemented short selling strategies should pay attention to the profit-taking point.The price is approaching the take-profit point for the short selling strategy. Please select the point to close your position.