Technical analysis by afzalforex110 about Symbol PAXG: Buy recommendation (3/19/2025)
https://sahmeto.com/message/3363347
afzalforex110
Rank: 1839
Analytical Power:
2.5

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.
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Signal Type: Buy
Time Frame:
15 minutesProfit Target:
$3,060Stop Loss Price
$2,980Price at Publish Time:
$3,064.08