Technical analysis by InvoTrading about Symbol PAXG on 1/11/2025
https://sahmeto.com/message/3303478

InvoTrading
Rank: 13424
Analytical Power:
1.5

Gold Price Analysis for Next Week Gold is testing the upper boundary of the ascending channel and the 1H selling zone (2693 - 2686). Two Possible Scenarios: 📉 Rejection at Resistance (2693 - 2686): Targets: 2665 (Risk Zone) 2643 - 2648 (Order Block) – Best place to buy gold 📈 Breakout Above Resistance (2693 - 2686): Next Target: 2715 - 2720 (Major Resistance Zone)
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Signal Type: Neutral
Time Frame:
1 hourPrice at Publish Time:
$2,685.2