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Technical analysis by ProTradeSignals about Symbol PAXG: Buy recommendation (3/24/2025)

https://sahmeto.com/message/3372621
ProTradeSignals
ProTradeSignals
Rank: 3354
2.0
Buy،Technical،ProTradeSignals

Based on the gold charts with the requested indicators (Bollinger Bands/MBB, VWAP with bands, and RSI 14), here's my analysis across the three timeframes:Buy at 3,025SL: 3,021.50TP 1: 3,029.50TP 2: 3,035.00Current price: 3,024.10 with slight negative movement (-0.02%, -0.655)5-minute chart: Price is trading between the MBB (3,024.78) and lower Bollinger Band, with RSI at 62.13 showing positive momentum but not overbought15-minute chart: Price is near the MBB (3,021.52) with RSI at 57.55, indicating moderate bullish momentum1-hour chart: Price is testing the MBB (3,015.66) as support, with RSI at 46.80 showing a potential shift from bearish to neutral/bullish momentumThe VWAP session bands on all timeframes show price currently within the bands but starting to approach the upper band. The 1-hour chart shows resistance at around 3,028-3,029 (previous VWAP upper band area).This setup takes advantage of the potential upward momentum indicated by the RSI readings across timeframes, with price finding support at the middle Bollinger Bands. The stop loss is placed below the recent support level and below the lower VWAP band on the 15-minute chart, while take profit targets aim for the upper Bollinger Band and recent resistance levels.

Translated from: English
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Signal Type: Buy
Time Frame:
5 دقیقه
Profit Target:
$3,035
Stop Loss Price
$3,021.5
Price at Publish Time:
$3,044.31
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