Technical analysis by platinum_growth about Symbol PAXG: Buy recommendation (5/1/2025)
https://sahmeto.com/message/3470869
platinum_growth
Rank: 2966
Analytical Power:
1.9
XAUUSD - GOLD Bullish Falling Wedge pattern
Buy
Price at Publish Time:
$3,240.47
Profit Target:
(+8.01%)$3,500
Stop Loss Price:
(-1.25%)$3,200
XAUUSD - GOLD Bullish Falling Wedge pattern forming on the daily charts. I expect ongoing Global trade rebalancing and a managed decline of the US dollar to be very bullish for Gold going forward in the medium term.
Source Message: TradingView