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

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.