Technical analysis by Mr_Mark_Wood about Symbol PAXG: Buy recommendation (3/12/2025)
https://sahmeto.com/message/3327805

Mr_Mark_Wood
Rank: 26897
Analytical Power:
1.4
XAUUSD CPI NEWS SELL SIDE
Buy
Price at Publish Time:
$2,934.75
Profit Target:
(-0.16%)$2,930
Stop Loss Price:
(-1.52%)$2,890

Gold next Possible Movement (CPI) data, which can significantly influence market sentiment. CPI is a key inflation indicator, and any surprising data can cause major market fluctuations.Resistance Zone: 2925/30Support Zone: 2900 /2890If CPI comes in higher than expected, it could suggest persistent inflation, which might lead to a stronger demand for gold as a hedge against inflation. On the other hand, if CPI is lower than anticipated, it could reduce inflation fears and lead to a decline in gold prices.Do you have any idea about Gold share in comments I'll be Glad.
Source Message: TradingView