Technical analysis by Kmissok about Symbol PAXG: Buy recommendation (3/25/2025)
https://sahmeto.com/message/3374509
Kmissok
Rank: 28206
Gold's analytical strategy signals
Buy
Price at Publish Time:
$3,038.5
Profit Target:
(+0.60%)$3,056.8
Stop Loss Price:
(-1.27%)$3,000

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
Source Message: TradingView