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Technical analysis by kevinkoli91 about Symbol PAXG: Buy recommendation (4/24/2025)

https://sahmeto.com/message/3446219
kevinkoli91
kevinkoli91
Rank: 27625
1.4

Gold (XAUUSD) Analysis – All-Time High & Path Toward 3500

Buy
Price at Publish Time:
$3,360.86
Profit Target:
(+4.14%)$3,500
Stop Loss Price:
(-2.73%)$3,269.26
Buy،Technical،kevinkoli91

Gold has just reached a new all-time high, and we’re currently seeing a healthy retracement, likely driven by liquidity collection. This move is part of a broader bullish structure, with market sentiment remaining strong.We’ve identified solid support around the 3269.26 level, which has held well, offering a potential launch point for the next leg up. Our medium-term target is the 3500 resistance area. While price may not reach this level immediately, the current structure suggests a steady climb over the coming days.Positive macroeconomic news continues to support the bullish outlook, and long-term sentiment is increasingly pointing toward the 4000 level as the next major milestone.Stay patient, trade smart.

Source Message: TradingView
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