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Technical analysis by NovaFX23 about Symbol PAXG: Buy recommendation (3/5/2025)

https://sahmeto.com/message/3296693
NovaFX23
NovaFX23
Rank: 12008
1.5
Buy،Technical،NovaFX23

After breaking through a key horizontal resistance level, 📈GOLD retested it and formed a symmetrical triangle pattern on the hourly chart. A bullish breakout above the resistance line serves as a critical intraday confirmation of bullish sentiment and strong buyer momentum. The price is likely to rise, potentially reaching at least 2,930.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$2,930
Price at Publish Time:
$2,925.53
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