Technical analysis by Nerissaeonfx about Symbol PAXG: Buy recommendation (3/19/2025)
https://sahmeto.com/message/3362172

Nerissaeonfx
Rank: 3310
Analytical Power:
2.0

Gold (XAU/USD) has shown a strong rejection from the 3,027-3,024 demand zone, confirming a bullish reversal. Price has formed a higher low and is now pushing upwards with increasing momentum.• Entry Zone: 3,027 - 3,032 (Confirmed demand zone)• Target 1: 3,050• Target 2: 3,060 - 3,070 (Potential breakout level)• Stop Loss: Below 3,024 (Invalidation point)A breakout above 3,050 could open doors for further upside, while a rejection at resistance may offer retracement opportunities. Watch volume confirmation for stronger moves.
Translated from: English
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Signal Type: Buy
Time Frame:
30 minutesProfit Target:
$3,050Stop Loss Price
$3,024Price at Publish Time:
$3,067.47