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

https://sahmeto.com/message/3447922
GoldenThesis
GoldenThesis
Rank: 3486
2.0
Buy،Technical،GoldenThesis

Gold is approaching the apex of a symmetrical triangle on the 30-min chart, with price testing both the descending resistance and the ascending support trendline. This compression near the Fib 0.618–0.5 zone ($3,289–$3,226) suggests an imminent move.Key levels:Resistance: $3,300 (breakout trigger), $3,340, $3,380 (Fib 0.786)Support: $3,260 (trendline), $3,226 (Fib 0.5), $3,162 (Fib 0.382)RSI is rising off oversold (47), and volume is low — typical pre-breakout behavior.A confirmed breakout above $3,300 could accelerate bullish momentum toward ATH levels. Breakdown below $3,226 invalidates the structure.Watching for volatility surge within next 24 hours.Post correction: "Watching for volatility surge within the next week!"

Translated from: English
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Signal Type: Buy
Time Frame:
30 minutes
Profit Target:
$3,400
Stop Loss Price
$3,226
Price at Publish Time:
$3,300.65
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