Technical analysis by LouisJack66_trade about Symbol PAXG: Buy recommendation (20 hour ago)

Gold traded in a high-level consolidation with short-term pullback pattern today. It gapped up to 4334.8 in the Asian session, rallied to an intraday high of 4336 before encountering resistance and retracing, hitting a low of 4309. Subsequently, the price oscillated in a narrow range of 4310–4330. The strong resistance around the previous 4350 level led to fading upward momentum. Combined with an overbought RSI reading, the price has entered a technical correction phase, with the 4300 psychological level emerging as the key short-term support for bulls. Key Trading Zones Resistance: 4335–4340 (intraday high) | 4350–4360 (strong resistance) | 4380 (medium-term target) Support: 4310–4315 (intraday midline) | 4300 (psychological level) | 4270–4280 (10-day MA strong support) Trading Strategy： Buy 4300–4305 SL 4290 TP 4330 - 4340 - 4350 Sell 4345–4350 SL 4360 TP 4320 - 4310 - 4300Having breached the 4340 resistance, the price is currently verifying the stability of the 4350–4360 resistance range.