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Technical analysis by rgmfxkiller777 about Symbol PAXG: Buy recommendation (3/20/2025)

https://sahmeto.com/message/3367071
rgmfxkiller777
rgmfxkiller777
Rank: 1241
2.7
Buy،Technical،rgmfxkiller777

Hello Trader,The chart you shared indicates a breakout in gold prices around the 3038-3030 range, followed by a potential retracement before moving towards a higher target. The highlighted buying zones are between 3000-3005 and 2950-2960.Would you like insights on trade execution, risk management, or further confirmation signals?The chart suggests a target zone in the range of 3,100 to 3,150 USD after a potential retracement. The breakout from the 3038-3030 level indicates bullish momentum, but the price may first revisit support zones (3000-3005 or 2950-2960) before continuing upward.If you're trading this setup:Bullish confirmation: A bounce from support and strong buying volume.Invalidation: A breakdown below 2950 could indicate a trend reversal.Would you like specific stop-loss and risk management suggestions?

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$2,929.12
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