Technical analysis by Trading_King_Arthur about Symbol PAXG: Buy recommendation (4/9/2025)

On the 1H chart, the MACD is showing a bullish divergence, signaling a potential bottom. If gold can build a base around 2960-2980, bulls will have the upper hand from a technical standpoint.While today's major macro news will hit during the U.S. session, technical analysis dominates the Asian and European sessions — which favors a buy-on-dip strategy.The 3030 resistance, which wasn’t tested yesterday, may be reached today.If the price drops unexpectedly, watch the 2946-2928-2916 zone for new buying opportunities — especially 2928-2916, which is a strong support zone.Buy:2960 - 2980TP:3004 - 3028Gold has risen, congratulations to everyone, you have made a profit