Technical analysis by Falcon-Trading-Signals about Symbol PAXG: Buy recommendation (4/18/2025)

Falcon-Trading-Signals
"Gold’s Bullish Structure Remains Intact: $3250–$3280 Key Zone

Gold is currently undergoing a technical pullback near the psychologically significant $3350 level. Historically, price action around major round-number thresholds—such as $2950, $3050, and $3250—has been followed by corrective moves, a pattern that appears consistent. If this correction concludes with another $150–$200 upside swing, it would reinforce the prevailing structural rhythm. Traders should balance historical pattern recognition with real-time market structure assessment, avoiding overfitting while identifying key trend reversal opportunities.Gold is currently experiencing a short-term pullback within a broader bullish trend. The $3250–$3280 zone serves as a key support and pivot region; a swift recovery above this range would significantly enhance the probability of a continued upside breakout. Short-term traders should closely monitor the price action near $3280 for potential long entries, with $3250 acting as the next critical support if a breakdown occurs. The broader strategy favors buying on dips, but caution is warranted due to the potential for unexpected macro shocks. Maintaining flexibility and strict risk management remains essential.