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Technical analysis by Natasha512 about Symbol PAXG: Buy recommendation (1/30/2025)

https://sahmeto.com/message/3212504
Natasha512
Natasha512
Rank: 2665
2.2
Buy،Technical،Natasha512

Technical Analysis Report: Gold (XAU/USD)(Market Summary)Gold is currently trading in a strong upward trend, with the price respecting both support and resistance lines. The bulls are in control, and the price is likely to continue moving higher.(Key Levels)- Resistance Level: (2790) A close above this level could be a significant breakout, indicating a new bullish swing. This could lead to a surge in buying pressure, pushing the price even higher.- Support Level: (2750) This level has been acting as a support, and if the price pulls back to this level, it could be a buying opportunity.- Sell Correction Zone: (2830) If the price reaches this zone, we can expect a sell correction. This could be a good opportunity to take profits or adjust positions.Fly From 2778 to 2810 Leads 300 Pips Profit. For Now Gold may get small Retracement but it will be of just few Pips then again it flies towards 2830 final target just be patience traders.

Translated from: English
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Signal Type: Buy
Time Frame:
30 minutes
Profit Target:
$2,830
First Support:
$2,750
First Resistance:
$2,790
Price at Publish Time:
$2,774.17
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