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Technical analysis by Bullionbuzz about Symbol PAXG: Buy recommendation (1/7/2025)

https://sahmeto.com/message/3142725
Bullionbuzz
Bullionbuzz
Rank: 5367
1.7
Buy،Technical،Bullionbuzz

The technical analysis chart for XAUUSD (Gold vs. US Dollar) on a 15-minute timeframe.Entry Zone: $2625.3 - $2620Key Levels:TP1 (Take Profit 1): $2,640.90.TP2 (Take Profit 2): $2,664.55.SL (Stop Loss): Around $2,614.32.A green zone is highlighted for potential upward price movement, suggesting a bullish bias targeting the take-profit levels.A red zone below indicates the stop-loss area, marking a price level to exit in case of adverse movement.A gray zone near $2,625.36 shows a possible support area for price retracement or consolidation.The chart suggests a possible zigzag price pattern with price bouncing between the support and resistance zones. The target is to reach TP2 after testing and potentially breaking through TP1.This setup implies a bullish outlook while emphasizing risk management with clear take-profit and stop-loss levels.ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.

Translated from: English
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Signal Type: Buy
Time Frame:
15 minutes
Price at Publish Time:
$2,650.78
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