Technical analysis by Forexmaestro121 about Symbol PAXG: Buy recommendation (6/16/2025)
https://sahmeto.com/message/3601411

Forexmaestro121
Rank: 788
Analytical Power:
2.8

H1 & H4 Timeframe Analysis Gold is currently showing a bullish trend due to the ongoing Middle East crisis.if th Escalation between Iran & isreal became more tense then focus on buying gold on every DIP. Bullish scanario: I’ve identified my re-entry zones and plan to buy on every dip, focusing on scalping with buy positions only. 3380-3390 is the optimal buying area.At moment 3410 is the buying area because the relative trend line matched at this place. My target is the potential extension towards the $3480 milestone.Bearish Scenario:However, if gold closes the H4 below the $3380 level, I expect it to shift into a ranging market 3380-3330 and I will reassess my outlook towards 3355 1st then 3335 on second target. #XAUUSD
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Signal Type: Buy
Time Frame:
1 hourPrice at Publish Time:
$3,444.94