Technical analysis by AndeWave about Symbol PAXG: Buy recommendation (6/15/2025)
https://sahmeto.com/message/3600570

AndeWave
Rank: 4003
Analytical Power:
1.8

A retest of 3435 does not lead to a pullback or reversal. The price is consolidating near the level, which indicates to us that the buyers are stronger in the moment. The fall of the dollar may support gold, leading to an overall rise not only to 3500 but also to 3600Scenario: in the Pacific or Asian session, gold may try to break the 3435 resistance. Consolidation above this level will lead to growth and a retest of 3495 from which a small pullback (a logical reaction to the resistance level) may occur before continuing to grow in the medium term.
Translated from: English
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Signal Type: Buy
Time Frame:
4 hoursProfit Target:
$3,600Stop Loss Price
$3,435Price at Publish Time:
$3,492.25