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

https://sahmeto.com/message/3594312
Ashbur
Ashbur
Rank: 1861
2.4
Buy،Technical،Ashbur

The gold market continues to exhibit a range-bound oscillation rhythm. During the Asian session, prices quickly dipped from the 3,302 level before rebounding to around 3,335 in the short term. This "volatile seesaw" movement is a typical feature of a ranging market—characterized by discontinuous fluctuations, repeated ups and downs, and a tug-of-war between bulls and bears within a limited range.The current oscillation is not a signal of trend weakening, but rather a consolidation period for bulls following the sharp rally in March and April: the previous rapid gains required time for the market to digest profit-taking and adjust its pace, building momentum for the next upward push. From a macro perspective, the 3,500 level is by no means the endpoint of this rally. After completing this consolidation phase, gold is highly likely to witness a more definitive upward move.Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.Trading Strategy:buy@3310-3315TP:3335-3345

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$3,345
Stop Loss Price
$3,310
Price at Publish Time:
$3,341.48
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