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

https://sahmeto.com/message/3374509
Kmissok
Kmissok
Rank: 1715
2.5
Buy،Technical،Kmissok

Double Bottoms appear in a downtrend and reverse it to the upside as price breaks through the resistance line. It is considered a bullish reversal chart pattern since the price holds a low two times and eventually continues with a higher high. The bounce between the two lows should be moderate.Support and Resistance Levels:support levels are 2976, while resistance levels are 3056.80Indicators:The RSI is at 51.10, indicating bullish momentum.Overall, gold's price is expected to continue its bullish trend.we Consider buyingGold buy Entry: 3018TP: 3029TP: 3048TP: 3056.8TP: 2998SL: 3000

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$3,056.8
Stop Loss Price
$3,000
Price at Publish Time:
$3,038.5
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