Technical analysis by ForexFox_SA about Symbol PAXG: Buy recommendation (6/7/2025)
https://sahmeto.com/message/3584612
ForexFox_SA
Rank: 2849
Analytical Power:
2.0
What May Happen Next In Long Term?
:Buy
Price at Publish Time:
$3,337.32
Profit Target:
(+2.30%)$3,414
Stop Loss Price:
(-1.15%)$3,299

Looking at where we are in the trend on the daily chart, I think we are in the correction of the uptrend and the last movement we are in is a triangle. Triangles like the one in the figure, after completing 5 waves, break on the barrier forming side of the triangle in wave number 6. Therefore, I expect a bullish breakout from these levels. This move may also exceed the previous high; however, it is too early to say that this is exactly the target at the moment. I think the first target is the 3414-3335 range.
Source Message: TradingView