Technical analysis by MR_gold2 about Symbol PAXG: Buy recommendation (5/29/2025)

As mentioned previously, gold is going on a descending corrective channel after breaking the price for the descending channel from the 3300 area. (Shaded in blue), and this means that the short -term descending trend has ended, and a wave of climb started. • Closing the top of the channel with this strength promotes the continuation of the rising trend. A clear positive between the MACD line (blue) and the signal line (orange). 3300 then 3285 (location of the canal broken - possible re -testing point). When broken 3285, the price will go to the last test of the bottom of 3240, and if it is penetrated, it will go to the last bottom test 3120⸻🧠 Technical recommendation: • Whoever is inside the deal from the bottom: it is preferable to move the stop loss up to the top (under 3300) and provide profits.