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Technical analysis by Zickey_11 about Symbol PAXG: Buy recommendation (4/27/2025)

https://sahmeto.com/message/3456530
Zickey_11
Zickey_11
Rank: 655
3.0
Buy،Technical،Zickey_11

Gold Market Update (Bullish Scenario)The gold market is currently exhibiting a bullish pattern, establishing a strong demand zone.Entry Point: 3320 ideal level where buying interest is strong.Target: 3380 potential upside target as price gains momentum.Support/Resistance Level: 3287 previously a resistance, now acting as key support.Key Observations:If gold maintains above 3287, bullish momentum is likely to continue.A break below 3287 could invalidate this bullish setup and invite selling pressure.Traders should watch for confirmation signals (like bullish candlestick patterns or strong volume) near 3320 to enter long positions.Market reached my target at 3380.

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Signal Type: Buy
Time Frame:
30 minutes
Profit Target:
$3,380
Stop Loss Price
$3,287
Price at Publish Time:
$3,322.02
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