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Technical analysis by GarryBlack about Symbol PAXG: Buy recommendation (1/23/2025)

https://sahmeto.com/message/3194277
GarryBlack
GarryBlack
Rank: 3451
2.0
Buy،Technical،GarryBlack

Gold price seems to exhibit signs of overall bullish continuation as the price action may form another credible Higher Low on key Fibonacci and Support levels. There might be a possibility that Gold may break it's All Time High Price of 2791. It might be worth observing price the action further if 2791 breaks. A potential break may be indicative of another top OR a new high.Trade Plan :Entry @ 2727Stop Loss @ 2679TP 1 @ 2775 (Before All Time High)TP 2 @ 2823 OR Ride Further With Caution (After All Time High)Move Stop Loss to Break Even if TP 1 hits.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$2,823
Stop Loss Price
$2,679
First Support:
$2,727
First Resistance:
$2,791
Price at Publish Time:
$2,752.27
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