Technical analysis by ThomasFox_23 about Symbol PAXG: Buy recommendation (3/12/2025)

https://sahmeto.com/message/3327462

GOLD EXPECTS NEW HIGHS

Buy

Price at Publish Time:

$2,932.13

Profit Target:

(+1.63%)$2,980

Stop Loss Price:

(-0.01%)$2,931.7

#XAUUSD #GOLD is holding steady price around 2920 but showing signs of breaking key resistance level and heading to all new high. If CPI news release is lower than actual forecast, you can expect to see gold rally to a new high of 2980! Double confirmations- 1. Inverted double head and shoulders 2hr time frame 2. Inverted head and shoulders 30mn time frame

Source Message: TradingView