Technical analysis by mohamad-alhelwani about Symbol PAXG: Buy recommendation (7/5/2025)

mohamad-alhelwani

Muhammad Al -Halawani Gold analysis Gold 🔱🗓️ Date: July 5, 2025⏰ Timeline: The Hour of Technical Analysis: After the gold decline in a clear descending channel for weeks, we now notice a strong penetration of the channel to the top, indicating the end of the correction wave temporarily and the beginning of the formation of a new direction. 3,337 and test critical levels of continuity or temporary decline. Next Resistance levels: 3,3443,3623,3893,4233,451 Next Support levels: 3,3303,3123,221 (blue demand zone) 3,156 (potential bounce zone) 📈 Possible scenarios: ✅ Positive scenario: continuing to rise with stability above 3,337. Breaking 3,362 will open the road toward 3,389, then 3,423 and finally 3,451. This scenario is enhanced in the case of negative economic news for the dollar or the decline in bond returns. Negative scenario The first: 3,362 The second goal: 3,389🔹 for investors (average term): gradual purchase centers between 3,312 - 3,204 stop loss below 3,119 goals: 3,389 - 3,423 - 3,451🔹 Important alert: if broken 3,312 and closing below, we turn to monitor the red scenario with caution, and safe purchase is only from 3,204 or 3,156. ✨ The conclusion of Muhammad al -Halawani 🔱: "Whoever monitors gold with the eyes of the analysis, sees what the commoners do not see in the fluctuations of prices ... Be the master of the wave, not its victim."