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

https://sahmeto.com/message/3581568
SOAM_PRO_TRADER
SOAM_PRO_TRADER
Rank: 475
3.0
Buy،Technical،SOAM_PRO_TRADER

🟢 GOLD/USD Technical Analysis – Bullish Momentum AheadGold (XAU/USD) is currently exhibiting strong bullish momentum after breaking above a key support-turned-resistance zone near 3390, which now acts as a support area for price. A sharp rally followed by a retest of this support zone suggests potential for continuation to the target zone around 3430.* 📌 Support Zone: 3390 – 3380 (holding well with bullish confirmation)* 📈 Target Zone: 3430+ (marked as potential short-term resistance)* 🔄 Price Action: Bullish breakout + retest confirms entry opportunity* 📊 Volume: Increasing on breakout, confirming buying strength▪️Outlook:As long as the price remains above 3390, the bias remains bullish with high probability for a move toward the 3430 zone.🔹Community Insight:If you find this analysis helpful in your trading journey, feel free to share your thoughts or questions in the comments. Let’s work together to maintain a disciplined, technical approach to the markets.▪️Follow for regular updates and trade setups.from 3380trade running 200 pips+with some 200 pips

Translated from: English
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Signal Type: Buy
Time Frame:
30 minutes
Profit Target:
$3,430
Stop Loss Price
$3,390
Price at Publish Time:
$3,412.32
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