Technical analysis by yuchaosng about Symbol PAXG: Buy recommendation (6/3/2025)

https://sahmeto.com/message/3575850

Gold Long: Wave 5 of 3

Buy

Price at Publish Time:

$3,384.3

Profit Target:

(+1.59%)$3,438

Stop Loss Price:

(-0.90%)$3,354

Over in this video, I updated the Elliott Wave Counts for Gold Long. If I'm not wrong, we have finished wave 4, although the ideal entry is at 3344. The Stop loss is 3354 if you entered now, and 3328 if you enter at 3344 (watch video for explanation). The most important price target is 3438 which was the high on 7th May 2025 and 78.6% of wave 1 of a higher degree (watch video for explanation), although it is not the ultimate price target. Good luck!

Source Message: TradingView