Technical analysis by Goldviewfx about Symbol PAXG on 5/4/2025

Goldviewfx

Hey Everyone,Please see our updated 1h chart levels and targets for the coming week.We are seeing price play between two weighted levels with a gap above at 3260 and a gap below at 3217. We will need to see ema5 cross and lock on either weighted level to determine the next range. EMA5 is lagging below 3306 so will need a close above and then below to confirm.We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.BULLISH TARGET3260EMA5 CROSS AND LOCK ABOVE 3260 WILL OPEN THE FOLLOWING BULLISH TARGETS3308EMA5 CROSS AND LOCK ABOVE 3308 WILL OPEN THE FOLLOWING BULLISH TARGET3340EMA5 CROSS AND LOCK ABOVE 3340 WILL OPEN THE FOLLOWING BULLISH TARGET3382EMA5 CROSS AND LOCK ABOVE 3382 WILL OPEN THE FOLLOWING BULLISH TARGETS3428EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGETS3478BEARISH TARGETS3217EMA5 CROSS AND LOCK BELOW 3217 WILL OPEN THE BEARISH TARGETS3174EMA5 CROSS AND LOCK BELOW 3174 WILL OPEN THE SWING RNGE31263078EMA5 CROSS AND LOCK BELOW 3078 WILL OPEN THE SECONDARY SWING RANGESECONDARY SWING RANGE3034 - 2979As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!Mr GoldGoldViewFX