Technical analysis by Davidhills_110 about Symbol PAXG: Buy recommendation (3/20/2025)
https://sahmeto.com/message/3365664

Davidhills_110
Rank: 1779
Analytical Power:
2.5

This is a Gold (XAU/USD) 30-minute chart, showing a bullish setup.Key Points:1. Uptrend ContinuationPrice is trending upwards inside a rising channel.Blue trendline indicates recent bullish momentum.2. Resistance TargetThe price is approaching $3,055.64, which is a resistance zone.If broken, gold may push higher.3. Previous Rejection ZoneThe orange circle highlights a past rejection around this level.A breakout above would confirm further bullish strength.Conclusion:Gold is in a bullish trend, targeting resistance at $3,055.64. A breakout could lead to higher prices, but rejection may cause a pullback.
Translated from: English
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Signal Type: Buy
Time Frame:
30 minutesProfit Target:
$3,055.64Stop Loss Price
$3,026.59Price at Publish Time:
$3,065.38