Technical analysis by TradingStar090 about Symbol PAXG on 3/28/2025

TradingStar090

XAU/USD Chart Analysis1️⃣ Current Price Action:- Gold (XAU/USD) is trading around **$3,073.42**. - The price is consolidating after a strong upward move. 2️⃣ Key Indicators:- **EMA (7) at $3,073.27** (short-term trend) - **EMA (21) at $3,069.34** (medium-term trend) - **EMA (50) at $3,061.97** (long-term trend) - Price is currently above all three EMAs, indicating a bullish trend. 3️⃣ Potential Scenarios: 📈 **Bullish Case (Green Path)**: - If the price holds above **$3,065–$3,073**, a rally towards **$3,080–$3,100** is likely. - Buyers may step in at the trendline support. 📉 **Bearish Case (Red Path)**: - If the price breaks below **$3,065**, a move towards **$3,050–$3,040** could occur. - Increased selling pressure could push gold lower, especially if key support zones fail. 4️⃣ Trading Strategy:- **Buy on dips** near **$3,065–$3,073** with targets at **$3,080–$3,100**. - **Sell below** **$3,065** if confirmed, targeting **$3,050–$3,040**. - Watch **volume and price action** for confirmation of direction. 🚀 **Final Thought:** Bulls are in control, but a break below $3,065 may shift momentum to the bears.https://www.tradingview.com/x/M0xAz66s/**Gold Trade Update (XAU/USD) 📈** - **Entry:** **$3,073** (Buy) - **Current Price:** **$3,086** ✅ - **Action:** Secure some profits & hold remaining for potential upside. - **Next Targets:** **$3,090–$3,100** 🚀 - **Support:** **$3,073, $3,069** (Watch for retracements). Stay cautious & trail stop-loss to protect gains! 📊### **Gold Trade Update – Massive Gains Locked!** 🚀🔥 ✅ **Entry:** **3073** ✅ **Target 1:** **3090** (Achieved 🎯) ✅ **Target 2:** **3097** (Achieved 🎯) 📊 **Total Profit Secured:** **260 pips** 💰 🔸 Gold continues to surge, hitting new highs amid strong market momentum. 🔸 Safe-haven demand remains a key driver, pushing prices higher. 🔸 All trades are now **secured**, locking in profits while keeping an eye on further moves. 🔍 **Next Watch:** Close All Trades for now