Technical analysis by MelusiR702 about Symbol PAXG: Buy recommendation (3/20/2025)
https://sahmeto.com/message/3365586
MelusiR702
Rank: 28104
Analytical Power:
1.4
XAUUSD
Buy
Price at Publish Time:
$3,067.73
Profit Target:
(+1.70%)$3,120
Stop Loss Price:
(-0.90%)$3,040

A potential buy set up on GoldThis is based on a long-term buy on Gold looking at Weekly and daily time Frame.When applying elliot waves and Channels, we see a bigger picture for potential reversals and continuation.I will therefore wait for a reversal on 2 hour time frame to complete wave 4 and then buy until wave 5 which is at the channel boarder.
Source Message: TradingView