Technical analysis by Zickey_11 about Symbol PAXG: Buy recommendation (5/6/2025)

Zickey_11

Technical Analysis1. Trend Overview:Uptrend Momentum: The market is currently showing bullish strength. The price has broken above key resistance levels, confirming upward momentum.Higher Highs and Higher Lows: A structure of higher highs and lows supports the uptrend scenario.2. Entry Point: 3313This level may have been a breakout point or a retracement zone (e.g., 38.2% or 50% Fibonacci level) acting as a confirmation of bullish continuation.If volume increased at this level, it adds confidence to the entry.3. Target Point: 3500The target suggests an upside potential of +183 pips, which is significant.This level might align with a major resistance zone or a psychological round number.4. Support and Resistance Zones:Immediate Support: 3313 (entry), followed by 3280 and 3250.trade active