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Technical analysis by ForexFox_SA about Symbol PAXG: Buy recommendation (6/7/2025)

https://sahmeto.com/message/3584612
ForexFox_SA
ForexFox_SA
Rank: 2849
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
Buy،Technical،ForexFox_SA

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
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