Technical analysis by InvestingScope about Symbol PAXG: Buy recommendation (6/17/2025)

Gold is practically neutral on its 1D technical outlook (RSI = 55.335, MACD = 29.660, ADX = 20.560), consolidating above its 4H MA50 since yesterday. The HL on the Channel Up has been priced under the 4H MA50, the latest one just under the 0.618 Fibonacci retracement level. That is the most efficient level to buy again and target the top of the Channel Up (TP = 3,500) not more than +4.78%, which was the previous bullish wave.See how our prior idea has worked out:## If you like our free content follow our profile to get more daily ideas. #### Comments and likes are greatly appreciated. ##