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

Market Trend Analysis:Gold has been in a sustained uptrend, supported by strong momentum and trading above key moving averages (50-day, 100-day, and 200-day SMAs). The price has recently broken decisively above $3,000, a significant psychological level, suggesting further upside potential.Key Technical Indicators:Moving Averages: The price is comfortably above the 50-day SMA (~$2,853), indicating strong bullish momentum.Bollinger Bands: The price is near the upper band, signaling strong momentum but also the potential for a pullback.Price Channel: The price is near the upper band of a parallel channel, which also suggests that a pullback is likely.Long-Term Trade Setup (3-6 Months Horizon):Inside our Telegram channel