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Technical analysis by Jack-Mastermind about Symbol PAXG: Buy recommendation (6/23/2025)

https://sahmeto.com/message/3603321
Jack-Mastermind
Jack-Mastermind
Rank: 1760
2.4
Buy،Technical،Jack-Mastermind

Gold is forming a strong bullish pattern within an ascending channel on the 1-hour timeframe. After a tight consolidation near the channel support, the price has started to push higher, suggesting a possible breakout continuation.Key Technical Highlights:Ascending Channel: Price action continues to respect the rising structure.Support Held: Strong support seen around 3,344 – 3,362, leading to bullish momentum.Breakout Zone: Clean break expected above 3,392.Bullish Targets:First Target: 3,415Second Target: 3,443If price continues to hold above 3,392, we could see bullish continuation toward the resistance levels. Retest of the breakout zone may offer confirmation.This setup is based purely on technical analysis and price behavior. No political or regional opinions are expressed.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$3,384.01
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