Technical analysis by PRIMERONIN about Symbol PAXG: Buy recommendation (3/9/2025)

https://sahmeto.com/message/3310025

XAUUSD [GOLD] Long

Buy

Price at Publish Time:

$2,925.39

Profit Target:

(-0.15%)$2,920.91

Stop Loss Price:

(-1.17%)$2,891.06

Last week, the price attempted to break above the previous highs but retraced below to test the support level.In the current scenario, the ideal strategy is to wait until the price approaches the 2897-2895 zone for a long setup.The price needs to retrace to the demand zone before moving upward.The long position is marked on the chart.

Source Message: TradingView