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

Here is my updated technical outlook for Gold with potential scenarios.Bullish ScenarioThe price is currently testing a significant daily resistance cluster.Its bullish breakout and a daily candle close above 3368 willprovide a strong confirmation.More growth will be expected then.Bearish ScenarioFor now, the market is consolidating on the underlined resistance.The price is stuck within a horizontal range on a 4H time frame now.Your bearish signal will be a breakout of its support and a 4H candleclose below 3310.It will provide a strong bearish confirmation.The market might be weak and remain within a 4H range today.But, everything can happen, so watch carefully.❤️Please, support my work with like, thank you!❤️I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.