Technical analysis by miketiger about Symbol PAXG on 4/10/2025

miketiger

Breakout: 3,167 was last ATH, a significant level to watch. A sustained break above this level could lead to further upside. And we closed at 3176. broked above 3167 with strong momentum, and could signal a continuation of the uptrend, potentially leading to new highs (3,200 or beyond). Looking to levels 3190-3200 or 3214-3225. Worst scenario will be 1.65 projection with price at 3300-3305. On last correction when we done last low at 2956 we projected to 1.23/1.27, and if will happen the same now, 1.23/1.27 is at 3214-3225. Bullish trend still intact and if we reject on psycological 3200 level we can reject to 3134 and after above 3200 or we can correct 50% to 3082 and after above 3200. In case 3080 not hold we can go lower to WO 3030.80 . Supports: 3,120 - 3,130, 3,050 - 3,060, 3,000 (psychological), 2,950 - 2,970. Resistances: 3,175 - 3,175.345 (ATH), 3,200 (psychological), 3,250. Key Levels: 3,175 (current price/ATH), 3,100 (minor pivot). Reversal Points: Bullish at 3,120 - 3,130 or 3,050 - 3,060; bearish at 3,175 or 3200 or 3214-3225 On my opinion we must correct before 3200 even if we will broke it after for upside. So at 3176 - 3195 area we can correct to 3120-3134 area or 3080 - 3100 area before new ATH