Technical analysis by APEX_BULL about Symbol PAXG: Buy recommendation (4/25/2025)

This chart represents Gold on a 15-minute timeframe. The price has been moving in a triangle pattern, where the highs are getting lower, and the lows are getting higher, indicating a squeeze. This suggests that the market is in a consolidation phase, and the price is about to make a big move.Now, based on the structure of the triangle, I'm expecting the price to break upwards. Once the price breaks the upper trendline, the target is set at around 3387. For more confirmation we can wait for price to retest This is where I anticipate the price to head after the breakout.If the price breaks the lower trendline, it might go in the opposite direction, but for now, I'm focusing on a potential bullish move. The buy level is above the current price, and the sell level is below, showing where I would consider entering a trade depending on the direction the market takesThe market has retraced and is now testing the previous support level again. This retest suggests the possibility of the price continuing upward, as it is a common pattern before the price breaks out.We can enter in long position from here