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Technical analysis by ImpulsiveWaveTrading about Symbol PAXG: Buy recommendation (3/25/2025)

https://sahmeto.com/message/3374055
ImpulsiveWaveTrading
ImpulsiveWaveTrading
Rank: 1113
2.7
Buy،Technical،ImpulsiveWaveTrading

XAUUSD - The corrective pullback to $3,000 indicates wave ((v)) is now underway. Minimum expectations require a breach of the previous high and an ideal advance towards/near the 3100 handle.XAUUSD - Price struggled to hold above 3020 which opens the path for either a triangle wave ((iv)) or a larger double zigzag. The latter allows for a dip below the 3k handle.XAUUSD - The wave ((iv)) triangle ended at 3012.125. Against this swing low, focus is higher in wave ((v)) which should see Gold towards at least towards 3076 and ideally at 3100 mark.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$3,100
Stop Loss Price
$3,022
Price at Publish Time:
$3,025.19
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