Technical analysis by PRIMERONIN about Symbol PAXG: Buy recommendation (3/16/2025)

There are two potential scenarios to consider in the current situation. Since the price has already reached an all-time high (ATH) without any retracement, we can expect a minor pullback to facilitate a re-entry in the long position, with support levels between 2944 and 2930. If the hourly close is below 2930, it may lead to a more significant drop towards the swing low, which is estimated to be around 2880-2885.