Technical analysis by Mihai_Iacob about Symbol PAXG: Buy recommendation (6/10/2025)

1. Recap of Yesterday's ExpectationsIn my previous analysis, I highlighted the 3340–3350 zone as key resistance and suggested that any rise into that area could give sellers a better entry.✅ Indeed, price rallied into that zone and was rejected, validating the plan.2. What Happened Next?After rejecting the resistance, gold touched 3300 again, but again, the bulls stepped in:🔹 A higher low formed compared to the previous day.🔹 This suggests the market is now shifting its structure from down to potential up.3. Why 3300 Looks Like the New FloorSeveral bullish clues:- The quick bounce back to 3330 shows buying power.- Price structure is developing a series of higher lows.- This suggests growing confidence from buyers.4. Trading Plan🔸 A break above 3340 would confirm bullish momentum and open the door toward 3400 again.🔸 Any dives toward 3300 should now be viewed as potential buying opportunities.5. Final ThoughtsThe market is telling a story of bullish pressure building under 3340 and potential break back above.Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.