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Technical analysis by MR_gold2 about Symbol PAXG: Buy recommendation (7/1/2025)

https://sahmeto.com/message/3607552
MR_gold2
MR_gold2
Rank: 378
3.0
Buy،Technical،MR_gold2

As we mentioned yesterday the best areas of purchase 3280-3270 technical analysis: • The price bounced strongly from a support area near 3288-3291 (former Order Block). 56.51 = Good upward payment force, but not yet entered into the saturation area. 3430 - 3480. 🔹 Time analyst: • The price bounces at the beginning of July, a historically known timing with strong transformations in gold. • It is expected a high momentum before the NFP news on Friday 5 July, which is likely to continue the emerging movement until at least Thursday. 🔹 Basic analysis: • The market currently interacts with the expectations of reducing American interest (supporter of gold). • • The lack of negative surprises from the federal recently supported Gold bullish. • The state of global economic uncertainty (elections, inflation, banks) raises the demand for gold as a safe haven. Digital analysis: • The excellent entry zone was between 3288-3291. • Next digital goals according to the structure: ◦ goal 1: 3336 → Order Block area and resistance ◦ goal 2: 3430 → Previous top and strong station ◦ goal 3: 3480-3500 → In the event of a complete penetration of the downward trend •• Stopping the loss: a clear fracture below 3280 (3275 protection is preferable to hit a false endowment)

Translated from: Arabic
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$3,335.16
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