Technical analysis by MR_gold2 about Symbol PAXG: Buy recommendation (6/9/2025)

Every year, you are a thousand good: Technical analysis • Price channel: Gold was moving in an upward channel, and the bottom of it was clearly broken, then the price returned to test this limit, and it is now almost with it. The bottom of the channel • Candles: • The last candle shows a clear bounce of the level of approximately 3290, which is at the bottom of the channel. RSI: • Return from an area close to saturation, and is now at the level of 38 → a slight improvement but it does not confirm the rise yet. Second: The wave analysis (Elliot) • We are likely to have ended five emerging waves inside the channel. We need a strong wave driving to break the areas of 3375 • ⸻✅ ⸻✅ Third: time analysis • Through the volatility course, we are witnessing the pattern of reversions every 2-3 days. • The last clear bottom has been recorded on June 6, and the apostasy is currently starting, and therefore the period between 9 and 10 June is very sensitive: • Either you confirm a rising reflection. Link https://t.me/ihab90gold