Technical analysis by ATF_Trades_FX about Symbol PAXG: Buy recommendation (1/28/2025)

ATF_Trades_FX

Disclaimer: this particular analysis is not a trading advice but a personal opinion.Greetings! kindly share your thoughts on Gold today in the comment section.Gold Price Now: 2740Gold has given a fake breakout of H4 Bullish Parallel Trendline which indicate continuation of a bullish trend. Gold is back to its bullish track and can go further high today. Its first target will be 2762 and after breaking this position bulls next target will be 2782. The Supporting area is 2732 and buying zone is 2740. Gold is still in a race to hit a new All Time High.Supporting Area: 2740, 2732Resistance Area: 2762, 2782Demand Zone: 2782Like, comment and support for more updates on Gold.Thanks for your support matesTarget1 Reached 2762 and we achieved 260 pips from our current position of buy 2740 to 2766. Currently market is not giving any closing above 2765 if it gives closing above 2665 then it will go further high.Demand Zone Reached: 2782 We achieved 520 pips from our current position of buy 2740 to our demand zone 2782.