Technical analysis by SroshMayi about Symbol PAXG: Buy recommendation (7/3/2025)
https://sahmeto.com/message/3613483

SroshMayi
Rank: 11
Analytical Power:
4.4

Gold Rises as Market Awaits Key U.S. Economic DataGold prices are pushing higher as investors position ahead of today’s major U.S. economic releases, including NFP and unemployment figures. Expectations of weaker data are supporting bullish sentiment. Technical Outlook (XAU/USD):Gold maintains a bullish structure as long as it trades above 3,342.→ A push toward 3,365 is likely→ A 1H close above 3,365 would open the path toward 3,375However, if price closes below 3,342 on the 1H chart, bearish momentum may build, targeting 3,331 and 3,320 Key Levels:• Resistance: 3,365 / 3,375 / 3,390• Support: 3,341 / 3,331 / 3,320
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Signal Type: Buy
Time Frame:
1 hourProfit Target:
$3,375Stop Loss Price
$3,341Price at Publish Time:
$3,356.38