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Technical analysis by MRG0LD2 about Symbol PAXG: Buy recommendation (6/15/2025)

https://sahmeto.com/message/3600697
MRG0LD2
MRG0LD2
Rank: 1074
2.6
Buy،Technical،MRG0LD2

Gold current price is 3430 and from this position on Monday it will fly like a rocket. the reasons behind the strong upcoming bullish wave are the geopolitical tensions in the Middle East, The constant drop in US Dollar because of the recent poor economic data and the technical bullish pattern.Market is fundamentally and technically bullish. Before the closing of weekly candle market had chance to reject the gold support at 3410 and could drop below 3400 but market closed above 3400 at 3430 which indicates its upcoming week will be the week when market will from a new high at 3600. Targets 3500, 3600

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$3,600
Stop Loss Price
$3,400
Price at Publish Time:
$3,479.35
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