Technical analysis by ActuaryJ about Symbol PAXG: Buy recommendation (12/16/2025)

Gold Technical Analysis: Daily Resistance: 4382, Support: 4175 4-Hour Resistance: 4353, Support: 4245 1-Hour Resistance: 4318, Support: 4265 On the daily chart, gold is testing moving average support, which are in a bullish alignment. The Bollinger Bands are expanding upwards, indicating an upward channel. Support is around 4220. The MACD/KDJ indicators suggest a bullish outlook. On the 1-hour chart, a "V-shaped" reversal pattern is observed. Resistance is seen around Friday's high of 4353. The Bollinger Bands are expanding upwards, and the moving average system is trending upwards. The main strategy is to trade with the trend, waiting for support levels to buy. Short-term support is around 4245/4240, while resistance is seen around Friday's high of 4330/4350 and the previous historical high of 4381. The market is awaiting today's US NFP employment data and unemployment rate data. Avoid high liquidity during news release periods. Don't be a gambler! Wait for support levels to buy; please use small trades! Trading Plan: BUY: 4245~4240 More Analysis →