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Technical analysis by afzalforex110 about Symbol PAXG: Buy recommendation (3/19/2025)

https://sahmeto.com/message/3363347
afzalforex110
afzalforex110
Rank: 1839
2.5
Buy،Technical،afzalforex110

This chart shows XAU/USD (Gold) price action forming an ascending wedge pattern.Price is currently retracing from the upper trendline.A potential bounce from the lower trendline could trigger another bullish move.If price respects the wedge structure, the next target is the previous high near 3,060.A break below the wedge could indicate a deeper correction toward the support level around 2,980.Overall, bullish bias remains, but confirmation at the support zone is key.

Translated from: English
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Signal Type: Buy
Time Frame:
15 minutes
Profit Target:
$3,060
Stop Loss Price
$2,980
Price at Publish Time:
$3,064.08
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