Technical analysis by rgmfxkiller777 about Symbol PAXG on 3/11/2025

Hello Trader,Today CPI News Coming soon and My Favorite News All Time Favorite and 500 pips collected confirm And Sure Signals This is a technical analysis chart for Gold Spot (XAU/USD) on a 4-hour timeframe. Here’s a breakdown of the key elements:1. Breakout Zone: The chart highlights a breakout from a descending trendline, indicating a potential bullish move.2. CPI Trades: The label suggests that the upcoming CPI (Consumer Price Index) release could impact price movements.3. Take Profit Levels (TP1, TP2, TP3):TP1: 2,884.452TP2: 2,946.420TP3: 2,979.671These levels represent potential targets for the price to reach if the breakout continues.4. Price Action Expectation:A slight retracement (blue arrow down) before a potential bullish continuation towards TP2 and TP3.5. Volume Indicator: Shows trading volume at the bottom, which can help confirm momentum.Would you like an analysis of potential trade setups based on this chart?