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Technical analysis by ImpulsiveWaveTrading about Symbol PAXG: Buy recommendation (3/27/2025)

https://sahmeto.com/message/3378098
ImpulsiveWaveTrading
ImpulsiveWaveTrading
Rank: 1288
2.6
Buy،Technical،ImpulsiveWaveTrading

XAUUSD - A barrier triangle wave ((iv)) likely done at 3012. The post-triangle thrust will see price above the previous high.XAUUSD - Looking for at least 3076 which is the 61.8% Fibo relationship between ((v)) and ((i)).XAUUSD - With 3076 being tested, the trade is nearing its end. Current pullbacks must avoid overlap with 3058 to keep the wave ((v)) going for another run close to 3100. Should the overlap occur then expect larger drops over the coming days.XAUUSD - A beautiful thrust that has reached the ideal target at 3116. Done for now.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$3,116.18
Stop Loss Price
$3,012.13
Price at Publish Time:
$3,049.87
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