Technical analysis by s90ms90m about Symbol PAXG: Buy recommendation (3/1/2025)
https://sahmeto.com/message/3282975
s90ms90m
Rank: 5704
Analytical Power:
1.6

Gold (XAUUSD) remains in a strong uptrend, adhering to the ascending trendline.Price is currently retreating to the critical demand zone around $2,800, which fits perfectly with the trendline support.✅ Strong bullish momentum continues.✅ Price is retracing to the high probability buy zone.✅ Strong confluence of demand zone + trendline = potential reversal.✅ Targeting new highs above $3,100 if support holds.🔥 Trading Plan:📌 Wait for bullish confirmation near the demand zone before entering.📌 Potential long entry around $2,800 - $2,820.📌 Stop loss below $2,770 to protect capital.📌 Target: New highs above $3,100!
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Signal Type: Buy
Time Frame:
1 dayPrice at Publish Time:
$2,859.61