Technical analysis by MQL_CodedPips about Symbol PAXG: Buy recommendation (6/20/2025)

The graph reflects an ongoing decrease phase in a well -defined descending channel, but the current price movement shows that a possible trend change may be on the road. However, the thinning of the cloud usually points to a weakened trend before it reverses. The way of recovery of the scheme is emphasized that a movement that proposes a break on $ 3,360-3.380, which targets the upper cloud resistance near $ 3,400, is emphasized. This level is compatible with the interest of the previous structure and volume.Hacim profile (sol): Strong volume nodes are compatible with the support zones and if the momentum changes, it strengthens a splash potential.📌 Strategy Insight: Signs of the Momentum is under control, stability and potential reversal symptoms emerge. Investors should wait: Taurus swallowing bull with volume support to verify the entrances of a verified break on the cloud. A breaking from the cloud and the descending channel can trigger a shift towards $ 3,400 in the near term. The monitoring phase is active. The price came out of the wedge falling with the bull momentum. The trend continues to remain strong - the next target is the last target.