Technical analysis by KeepItsimple74 about Symbol PAXG on 3/15/2025

Gold exhibits a strong bullish trend and is currently at elevated price levels. However, the prevailing macroeconomic uncertainty aligns with investors' tendency to seek gold as a safe-haven asset. Applying fractal market analysis and projecting the initial structural development suggests a potential technical target in the $3,200 zone. Nevertheless, given gold's current high valuation, a retracement is plausible. We will continue to monitor the market.