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Technical analysis by Jack-Mastermind about Symbol PAXG: Buy recommendation (7/2/2025)

https://sahmeto.com/message/3608113
Jack-Mastermind
Jack-Mastermind
Rank: 1169
2.6
Buy،Technical،Jack-Mastermind

The gold market has shown strong momentum after rebounding from the key support zone around 3309, which previously acted as a demand area.🔍 Current Setup:Price is currently consolidating just above the 3,335 POI (Point of Interest) after a solid bullish move.There's potential for two key scenariosScenario 1 – Bullish Breakout If price holds above 3,320–3,335 and breaks the minor consolidation, we could see a bullish continuation targeting:1st Target 3,391.78 POI2nd Target 3,417.37 POIExtended target: 3,447.53 resistanceThis would confirm bullish structure continuation, supported by the recent strong recovery.Scenario 2 – Retest and Bounce 🔄If price dips back to support near 3,309, look for bullish price action or a reversal pattern for a long entrysupport area has shown strong reactions in the past and could serve as a base for the next leg up.Trading Plan:Watch for price behavior at 3,335 and 3,309Break and retest = bullish signal.Failure to hold support = invalidation of setup, wait for new structure.Conclusion: Gold is setting up for a potential breakout. Monitor support and resistance levels closely. Trade with proper risk management and patience. 📈Trade active Guys

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$3,417.37
Stop Loss Price
$3,309
Price at Publish Time:
$3,342.2
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