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Technical analysis by Falcon-Trading-Signals about Symbol PAXG: Buy recommendation (4/15/2025)

https://sahmeto.com/message/3418683
Falcon-Trading-Signals
Falcon-Trading-Signals
Rank: 28496
1.4

Gold Bullish Structure Intact – Breakout Imminent Amid Tight Ran

Buy
Price at Publish Time:
$3,246.12
Profit Target:
(-0.03%)$3,245
Stop Loss Price:
(-2.50%)$3,165
Buy،Technical،Falcon-Trading-Signals

As of now, gold is consolidating around $3,231/oz, maintaining a tight range near recent highs. Despite short-term fluctuations, the medium-term bullish trend remains intact, supported by both macro fundamentals and technical structure.🔮 Trend Outlook:Medium-Term Bias: Bullish. Maintain a "buy-on-dip" strategy supported by geopolitical risk, monetary easing expectations, and sustained central bank demand.Short-Term Focus: Key levels to watch are $3,180 support and $3,245 resistance. A breakout from this range is likely to trigger directional momentum.🎯 Trade Setup:🟢 Long Strategy (Primary Idea):Buy Entry: $3,185–$3,175Stop Loss: Below $3,165Targets: $3,220 / $3,245🔴 Short Setup (Tactical Counterplay):If price fails to break above $3,245, consider shorting on rejectionTargets: $3,190 / $3,180Stop Loss: Above $3,252

Source Message: TradingView
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