Technical analysis by kevinkoli91 about Symbol PAXG: Buy recommendation (4/24/2025)
https://sahmeto.com/message/3446219
kevinkoli91
Rank: 2392
Analytical Power:
2.3

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.
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Signal Type: Buy
Time Frame:
1 hourProfit Target:
$3,500Stop Loss Price
$3,269.26Price at Publish Time:
$3,360.86