Technical analysis by Ahmedshebe about Symbol PAXG: Buy recommendation (5/17/2025)

Yooooooooooooow i'm back , for those who've been texting me asking about yesterdays analysis , i'm sorry guys got a little held up couldn't do much , but i believe you all managed. My preview on the previous analysis on 15th is still in the formation.We said that we were expecting a meltdown only after we break level $3158 - $3168 - $3180 going up there , we can see this came to play came through only stronger than anticipated and even went further to tackle our 1st lowest Resistance Zone $3191.It tackled the zone $3191 and extended further up and created a NEW RESISTANCE ZONE at $3251, i believe this Resistance zone ain't as strong as the one up there at $3272, so the breaking of the zone shouldn't be a problem.My take on Monday , we should either see a MINOR CONSOLIDATION or our FLIGHT to the previous STRONG RESISTANCE ZONE $3272. We ain't seeing the fall before the market tries to tackle the level or somehow tries to reach the level.Overall We will be BEARISH after we retest those levels ,otherwise there is as well a resistance zone at $3205, The price is currently slightly below it and i'm actually looking to have my BUY ENTRIES as soon as the MARKET breaks the LEVEL. Once we break the level the market should head for $3215 as another CONFIRMATION ZONE for the UPWARD MOVEMENT, once these two levels come in play or a taken out, then let's be ready for OUR BUY ENTRIES targeting $3236 - $3257 and extend a little further up towards the RESISTANCE ZONE $3272.There and then we should have our profits for the day and wait for further CONFIRMATION on wether the FLIGHT should continue or see our MELTDOWN.That's my analysis , i'm ANTICIPATING for that UPWARD MOMENTUM before we see the MELTDWON, i will be back tomorrow for updates on where we are headed to.Level $3256 seems not to be holding, the market is respecting the level however the green triangle indicated on the chart should give you a better look at how the market is going , if the TRIANGLE is respected on both the UPPER and LOWER ends that is the PRICE doesn't break either then that's a possible CONSOLIDATION, however if the PRICE moves and breaks either one of the triangle ends, then we should either SELL or BUY, we BUY only when the PRICE breaks the UPPER side of the TRIANGLE and we sell only when the PRICE breaks the LOWER SIDE of the TRIANGLE.Whatever happens, set your alarms at both top start of the triangle once the price reaches the level alarms are triggered , you gear up for either a sell or a buy.WE ANTICIPATE FOR THE UPWARD MOVE before we SEE THE DOWNFALL , WATERFALL or in other words THE GOLD MELTDOWN!Our Triangle Strategy seems to be working just fine , guy's this strategy was used back then and it had a 91.7% win rate.I've started applying the same strategy on my analysis and seems to be working good so far, My WINNING rate using the strategy is currently 67% which is moderately good although i have 6 more entries to make and validate the strategy.Meanwhile we are expecting the MARKET PRICE to test $3272 in the course of this week after a little bit of consolidation and then see the MELTDOWN , and with all being said i currently have some blues running good, for those who are worried that you missed your entries kindly wait for a possible bounce at $3250 as the first MINOR RESISTANCE ZONE. once we reach this level we should expect either the market to bounce and retest or consolidate for a while before it continues going towards our target higher up.For those whop missed their entries, now is your time GEAR UP we are having more entries to tackle our TP $3272, now wait for a retest and have your BUY ENTRIES , if you miss the entry you might have to wait for us to hit our TP before we decide on what next.The MOMENTUM increase is indicating possible more BUY entries along the way , we might see level $3300- $3380 come to play.Once we break the RESISTANCE $3250 our entries are going BLUEEEEES...