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Technical analysis by RioNguyenCFD about Symbol PAXG: Buy recommendation (3/13/2025)

https://sahmeto.com/message/3331892
RioNguyenCFD
RioNguyenCFD
Rank: 13479
1.6

Where will gold go after the CPI news? Gold price trends today,

Buy
Price at Publish Time:
$2,954.43
Stop Loss Price:
(+1.57%)$3,000.79
Buy،Technical،RioNguyenCFD

The US CPI data yesterday was 2.8%, compared to the previous month's 3%, showing a slight decrease of 0.2%. This has led investors to strongly anticipate that the Fed will cut interest rates twice in 2025.Our next trading plan, following the successful trading session on March 11th, will be:Buy when the price has formed a peak and retraced to the 61.8% Fibonacci level (20930-2933). SL (Stop Loss): 5 points, TP (Take Profit): open.Aggressive Buy when the price is more favorable in the Fibonacci (38.2%-50%) zone (2920-2925). SL: 5 points, TP: Open (maximum of 3 orders for this zone)Thank you for your review, and I hope you'll stay longer by pressing Follow.

Source Message: TradingView
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