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Technical analysis by NovaFX23 about Symbol PAXG: Buy recommendation (1/30/2025)

https://sahmeto.com/message/3212531
NovaFX23
NovaFX23
Rank: 12008
1.5
Buy،Technical،NovaFX23

Gold is forming an ascending triangle pattern on the 4-hour chart, signaling bullish accumulation. To confirm the continuation of the uptrend, watch the pattern's neckline closely. A breakout and close above 2772 would validate bullish dominance, with a potential target of 2788.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
First Support:
$2,772
First Resistance:
$2,788
Price at Publish Time:
$2,773.89
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