Technical analysis by SignalProvider about Symbol PAXG: Buy recommendation (7/3/2025)

Here is our detailed technical review for GOLD.Time Frame: 9hCurrent Trend: BullishSentiment: Oversold (based on 7-period RSI) Forecast: BullishThe market is approaching a significant support area 3,347.97.The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 3,408.78 level.P.SThe term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.Like and subscribe and comment my ideas if you enjoy them!