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Technical analysis by Elliotwavesglobal about Symbol PAXG: Buy recommendation (4/16/2025)

https://sahmeto.com/message/3421501
Elliotwavesglobal
Elliotwavesglobal
Rank: 1222
2.7
Buy،Technical،Elliotwavesglobal

Given the current wave structure looks like we are yet to complete the bullish phase. Now I am expecting a short term pullback for lower degree 4th wave where I expect price to find support at 50% fib then continuation to the upside. Overall we are bullish but we should expect periods of price to pullback to gain momentum.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$3,400
Stop Loss Price
$3,300
Price at Publish Time:
$3,326.11
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