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Technical analysis by azgoldtrader about Symbol PAXG: Buy recommendation (7/4/2025)

https://sahmeto.com/message/3615106
azgoldtrader
azgoldtrader
Rank: 1488
2.5
Buy،Technical،azgoldtrader

In yesterday’s analysis, we highlighted that the $3,327–$3,328 support zone needed to hold for bulls to maintain momentum. Price respected that level, bouncing off intraday support and is now attempting a recovery.Currently, the 50MA is acting as dynamic resistance, and we need to see a clean break above the $3,352–$3,356 resistance zone for bulls to challenge higher levels.However, if price fails to break above this resistance cluster, we may see a pullback toward the $3,327 support once again. A break below that would likely expose price to a deeper retracement toward $3,298.📌 Key Resistance:‣ $3,352‣ $3,356‣ $3,364‣ $3,383📌 Key Support:‣ $3,328‣ $3,298‣ $3,270🧠 Fundamental Focus:With U.S. markets partially closed today, expect low liquidity and increased volatility.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$3,383
Stop Loss Price
$3,327
Price at Publish Time:
$3,346.18
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