Technical analysis by Elite_Gold_Mines about Symbol PAXG: Buy recommendation (5/7/2025)
https://sahmeto.com/message/3491331

Elite_Gold_Mines
Rank: 744
Analytical Power:
2.8

After reassessing my last trade and going through the latest updates i think that gold prices might increase. The fundamental reasons are obvious like the geopolitical tension and economical warfare between the world's greatest economies. 3385 has been a turning point as market after dropping from this area entered in a range between 3270 and 3370. now market has crossed that area and has already touched the high 3440. after dropping from this area market has returned to the same point but no h4 closing is given below this area.Technical Analysis: Supporting Area 3350, 3328, 3300 resistance: 3400, 3440, 3500first target 3415 was reached and now market is back to 3320 testing the supporting area
Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 hourProfit Target:
$3,440Stop Loss Price
$3,350Price at Publish Time:
$3,388.62