Technical analysis by ATF_Trades_FX about Symbol PAXG: Buy recommendation (1/25/2025)

ATF_Trades_FX

Disclaimer: This is not a trading advice but a personal analysis.Greetings! what do you think about this analysis.Current Price Now: 2770Gold is ready to hit new "All Time High". Because market tested all lower positions but could not change the trend. USD's continuous devaluation and the crisis in the Middle East are the reason behind bullish trend in XAUUSD. Gold is currently working under bullish parallel pattern and trying both lower lows and higher highs but it has shown support to bulls. Now market's next move will be to break the last All Time High to give us a new All Time High. Support Areas: 2760, 2745Resistances: 2788, 2820Demand Zone: New ATH 2820Like, comment and support for more updates.Thanks for supportBoth Targets Reached. Market touched 2817 We achieved 720 points from our supporting area 2745 to 2817 Lets close this setup as we are going to publish a new ideaTarget Reached Successfully