Technical analysis by BenGray9 about Symbol PAXG: Buy recommendation (4/1/2025)

BenGray9

The 3100 level is a strong support area. Right above this support area,buying opportunities present themselves. At price points in this range, a significant amount of buy orders tend to flood the market, offering a buffer against further price decline.It’s crucial to note that the XAUUSD market is characterized by high volatility. Thus, investors should avoid chasing rallies or engaging in short - selling at high levels. Chasing rallies exposes investors to substantial losses during short - term price retracements. Similarly, short - selling at high levels risks missing out on further upside potential. Stay vigilant to market dynamics, set stop - loss and take - profit levels rationally, and safeguard against potential risks.💎💎💎 XAUUSD 💎💎💎🎁 Buy@3100 - 3105🎁 TP 3120 3130 3140The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed,Follow the link below to get my daily strategy updates