Technical analysis by Jack-Mastermind about Symbol PAXG: Buy recommendation (5/7/2025)

Overview:Price has successfully broken out of a long period of consolidation, pushing above the descending trend line and showing strong bullish momentum. We're now observing a retest of the breakout zone, which is acting as support around 3,378 – 3,365 USD.Key Observations:Consolidation Phase: Price was range-bound for several days, creating a strong base.Breakout Confirmation: A clean break above the trend line with momentum.Retest in Play: Price is now pulling back to retest the support/resistance flip zone (3,377.Scenarios to Watch:Bullish Continuation: If the support holds, price could rally toward the next resistance zones at 3,435 and 3,478 USD.Deeper Pullback: If support breaks, look for possible re-entries near 3,365 USD before a potential bounce.Trading Plan:Long entries around 3,378 with stops below 3,365.Targets: 3,435 (TP1) and 3,478 (TP2).Wait-and-see approach if support fails—look for signs of demand at lower levels.Conclusion:This setup presents a solid opportunity for trend continuation, especially if the retest holds. Manage risk accordingly and watch how price reacts to the support zone.1st Target SMASHED!370 PIPS Running Profit – We’re on FIRE!Massive shoutout to everyone who trusted the process and held strong!Target 1 hit successfully, and we’re riding this momentum with a massive 530 PIPS in running profit. This is what smart trading and patience look like.This is just the beginning.We’re not stopping here – HOLD your trade, stay disciplined, and let the market reward your strategy. The next target is in sight, and the gains are only getting bigger.Profit is not luck – it’s precision, timing, and trust in the plan.Let’s go, team. Enjoy those profits, and stay sharp!