Technical analysis by Wick-Sniper about Symbol PAXG: Buy recommendation (4/27/2025)

Recently, the expected Head and Shoulders pattern seems to be delayed — and possibly invalidated — as buyers successfully defended the line at $3,287, pushing the price up to $3,319 on Friday. As a result, a new bullish setup has emerged.On the 1-hour chart, an XABCD harmonic pattern has clearly formed, offering two upside targets:Target 1: $3,367Target 2: $3,435On the downside, $3,260 is now acting as the critical level. A break below this point could open the door for lower prices.For now, the bias is long until Target 1 at $3,367 is reached. Traders should monitor short-term sentiment closely: if signs of weakness or a shift appear, the price could reverse earlier.Important to note: the Head and Shoulders pattern remains a risk if price falls below $3,260 after reaching $3,370 and moves toward the neckline at $3,237.📍 Summary:Idea: Go long toward $3,367.Risk: Head and Shoulders pattern could still complete if bearish momentum returns.Stay sharp and manage your risk accordingly!-------------------------------------------------------------------------This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.Good luck and safe trading! 🚀📊