Technical analysis by fxone4all about Symbol PAXG: Buy recommendation (3/19/2025)

📈 Overall Trend: Gold is in a strong uptrend, showing bullish momentum. The price is currently facing resistance but remains in a bullish structure. 📊 Key Levels: 🔴 Resistance Zone: 3,048 - 3,185 (A key area where price might struggle to break through). 🟡 Support Zone (Potential Buy Zone): 2,952 - 2,956 (A strong demand zone where price could bounce back up). 📉 Expected Price Action: 1️⃣ The price might face rejection at the 3,048 level and pull back. 2️⃣ A potential retracement towards the 2,952 - 2,956 support zone is expected. 3️⃣ If price finds strong support in this zone, a new bullish push could begin. 4️⃣ The ultimate target for the next bullish leg is 3,185. 🎯 Conclusion: Waiting for a pullback to the support zone before looking for buying opportunities targeting new highs.