Technical analysis by MR_gold2 about Symbol PAXG: Buy recommendation (6/5/2025)

MR_gold2

You see the drawing of the first scenario of the black balloon and the second green balloon first: technical analysis 1 general direction: gold has been moving inside a clear rising channel since the bottom of the beginning of June, and the middle line of the channel has been broken up (Break of Struckure - BOS), which gives a positive signal. Reflexive). Rising.◦ RSI: It appears in the neutral area below, indicating the possibility of a coming correction. Test 3420 during the European or American session. 🔹 Third: wave analysis (simplified Elliott wave model) 1 wave 1: from the bottom of the beginning of June to the first summit above 3360.2 wave 2: descending correction inside the channel. 3360, we may see an emerging extension towards 3440 - 3455. 🔚 Conclusion and Recommendation • critical support: 3360-3340 • Next Resistance: 3423 - 3440 • If stability is made over the current support, the wave scenario is more likely to rise (wave 5). Al -Qusayr to Hablazal West Click on: https://t.me/IHAB90GOULD