Technical analysis by Thetraderscollective about Symbol PAXG on 4/7/2025
https://sahmeto.com/message/3393804

Thetraderscollective
Rank: 154
Analytical Power:
3.3

Gold (XAUUSD)Price has moved nearly 900 pips so far today with huge volatility. While the daily and higher timeframes remain bullish, lower timeframes show a bearish pullback after rejecting 3053.Bearish path: Targeting 3005–2998 if the pullback continues.Bullish path: A break/retest above 3053 opens 3087 as next target.No catalyst? We may see deeper pullbacks, even down to 2932.Bias: Bullish overall, but wait for key level confirmations. Don’t get chopped up—trade clean setups only.
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Signal Type: Neutral
Time Frame:
4 hoursPrice at Publish Time:
$3,041.98