Technical analysis by Ameer-Trader about Symbol PAXG: Buy recommendation (1/27/2025)

Gold (XAUUSD) has been trading within a Channel Up pattern since exactly the start of the year. This structure has held clear the 1H MA200 (orange trend-line) since January 06 and the most optimal buy entry of the last 3 times has been issued on the 1H MA100 (green trend-line).This is the level that the metal touched today and is already rebounding past the 1H MA50 (blue trend-line). Along with the 1H RSI reaching its most efficient Support level (oversold barrier of 30.00) and rebounding, this is the strongest short-term buy signal.Each such signal reached at least the 1.618 Fibonacci extension from the previous High. As a result, our short-term Target is 2810.t.me/+HlnE6-Txy15iNWM0 As you can see, we have made huge profits recently by trading gold and Bitcoin. If your account is losing money and you want to recover your losses, you can contact me. No matter how much money you have, I can help you! Click to join us: t.me/+HlnE6-Txy15iNWM0