Technical analysis by NextElliott about Symbol PAXG: Buy recommendation (4/22/2025)

📉 Gold Price Outlook – Short-Term Move ExpectedGold is currently trading around $3452. We're anticipating a dip towards the $3435 area in the short term as part of a corrective move. This zone could act as a potential support level, where buyers may step in.Following this expected pullback, we’re looking for a bounce back up toward the $3484 area, targeting a short-term bullish recovery.📊 Key Levels to Watch:Support Zone: $3435Resistance Target: $3484As always, manage your risk accordingly and watch for price action confirmation at these levels.🚨 Target Hit! What's Next for Gold? 🟡💥Boom! 🎯 Gold just tagged my $3435 target spot-on — a perfect move as anticipated. Now, all eyes are on the next big level: $3484 📈Momentum is building, and if the bulls take control from here, we could see a strong push toward my next target. Stay sharp — the market’s heating up! 🔥📍 Current Price: $3434🎯 Next Watch Level: $3484Let’s see if the rally kicks off from here — buckle up! 🚀Gold Price Update & Buy Entry OpportunityThe price of gold couldn't sustain at the 3435 level and has recently dropped to the 3372 area. This provides a potential buying opportunity in the range of 3375 to 3350.Strategy:Look for Buy Entries: Watch for any signs of stabilization or reversal within the 3375 to 3350 area.Target: Consider aiming for a recovery towards previous resistance levels around 3435 or higher like 3484, depending on market momentum.Stop Loss: Set a stop loss below 3335 to manage risk in case of further downside movement.Reminder: Always confirm with your preferred technical indicators or chart patterns before entering a trade.