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Technical analysis by AllenBoswell-2 about Symbol PAXG: Buy recommendation (6/23/2025)

https://sahmeto.com/message/3603429
AllenBoswell-2
AllenBoswell-2
Rank: 1233
2.6
Buy،Technical،AllenBoswell-2

📰 Impact of news:1. Bowman hinted at a July rate cut2. Fed Governor Kugler and FOMC permanent voting member and New York Fed President Williams hosted the "Fed Listening" event.📈 Market analysis:Gold will maintain a short-term volatile trend. Although the United States intervenes in the conflict between Iran and Israel, the geopolitical situation will affect the market trend to a certain extent. However, the remarks of Federal Reserve Board member Bowman hinting at a rate cut in July have eased market volatility to a certain extent. Gold maintains a narrow range of fluctuations at the 4H level, and the technical pattern is gradually adjusted. The K-line stands firmly on the short-term moving average. The short-term trend shows that it is necessary to observe the second opportunity for pull-up after the confirmation of the retracement. At the hourly level, the short-term moving average diverges upward, and the short-term volatile and strong pattern is maintained. In the evening, pay attention to the upper resistance area of 3395-3405, focus on the suppression of the 3405 line, pay attention to 3375-3365 below, and further pay attention to the 3345 support line if it breaks through.🏅 Trading strategies:SELL 3385-3395-3405TP 3370-3365-3345BUY 3375-3365-3355TP 3390-3400-3405If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. GOLD XAUUSD XAUUSD XAUUSD XAUUSDOur trading strategy has been confirmed once again. The long and short trading points are very consistent with our trading strategy. The bros who kept up with the pace have already made considerable profits.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$3,410.09
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