Technical analysis by herdityawicaksana about Symbol PAXG on 6/12/2025
https://sahmeto.com/message/3598255

herdityawicaksana
Rank: 28148
Analytical Power:
1.4
Room for Further Strength as Price Approaches Resistance
Neutral
Price at Publish Time:
$3,385.35

On the 1-hour timeframe, I estimate that XAUUSD is currently forming wave c of wave b of wave (a). This implies that XAUUSD still has the potential to strengthen, testing the 3379 level and possibly retesting the resistance area at 3403. However, caution is warranted going forward, as this outlook reflects the bearish scenario for XAUUSD.
Source Message: TradingView