Technical analysis by fxwithkay about Symbol PAXG: Buy recommendation (2/6/2025)

Reasons for Buy Bias: 1️⃣ Support Zone Around 2854 - 2856 • Price has reached a key support level and is showing rejection wicks, indicating buyers may step in. 2️⃣ Oversold Pullback Potential • After a strong drop, price may need a retracement before deciding the next major move. 3️⃣ Bullish Wick Rejections on Lower Timeframes • If price holds above 2854, we could see a bounce toward 2862 - 2870.