Technical analysis by MR_gold2 about Symbol PAXG on 6/3/2025

MR_gold2

As we mentioned yesterday in the last gold analysis, it will bounce from the resistance area 3290, and this is what happened if you are interested in gold analyzes. 3359 (It was broken resistance, turned to support). ✅ Candles: • The last candle looks at an attempt to stabilize above support, but not yet showed a strong rising candles model. Form The price of the level is 3392, the top of the wave 5 - fierce resistance 3370 - 3378 potential wave bouncing zones B3359 axial support - its break opens the door to landing 3320 /3280 possible goals for the wave C for a price end and it appears in a temporary correction. • We monitor if the price will bounce from the support to form the wave B. Within the wave B. • A clear fracture of the 3359 level with a strong candle. The beginning of the Wave C.