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

https://sahmeto.com/message/3578420
Goldviewfx
Goldviewfx
Rank: 23250
1.4
،Technical،Goldviewfx

Hey Everyone,Another powerful day in the markets with our chart idea unfolding exactly as anticipated.In yesterday’s update, we highlighted that all our targets, 3305, 3334, and 3359 were hit following the EMA5 cross and lock confirmation. We also pointed out the EMA5 lock above 3359, now left 3389 open.✅ Today, that 3389 level was hit to perfection.The absence of a further EMA5 lock above confirmed a precise rejection, sending price back down into the lower Goldturns for support and bounce inline with our plans to buy dips.We will continue to buy dips using our support levels taking 20 to 40 pips and track the movement with ema5 lock or rejection. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.BULLISH TARGET3305 - DONEEMA5 CROSS AND LOCK ABOVE 3305 WILL OPEN THE FOLLOWING BULLISH TARGETS3334 - DONEEMA5 CROSS AND LOCK ABOVE 3334 WILL OPEN THE FOLLOWING BULLISH TARGET3359 - DONEEMA5 CROSS AND LOCK ABOVE 3359 WILL OPEN THE FOLLOWING BULLISH TARGET3389 - DONEEMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGET3428EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET3478BEARISH TARGETS3271EMA5 CROSS AND LOCK BELOW 3271 WILL OPEN THE FOLLOWING BEARISH TARGET3227EMA5 CROSS AND LOCK BELOW 3227 WILL OPEN THE SWING RANGE31853146As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!Mr GoldGoldViewFX

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$3,364.7
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