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Technical analysis by Chungha_KP about Symbol PAXG: Buy recommendation (3/17/2025)

https://sahmeto.com/message/3352652
Chungha_KP
Chungha_KP
Rank: 1291
2.6
Buy،Technical،Chungha_KP

Hey, what are your thoughts on gold prices?Gold continues its bullish momentum at the start of the week! The precious metal is forming its Elliott Wave 5 structure after successfully breaking resistance and a descending trendline.The weakening USD and market uncertainty are key drivers behind this surge. If this wave pattern plays out as expected, gold could reach the projected target soon.Do you agree with my analysis? Drop your thoughts and leave a like! 👍✨ Thanks a lot!

Translated from: English
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Signal Type: Buy
Time Frame:
8 ساعت
Profit Target:
$3,081.23
Stop Loss Price
$3,004.05
Price at Publish Time:
$3,000.4
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