Technical analysis by mike-b about Symbol PAXG: Buy recommendation (7/6/2025)

https://sahmeto.com/message/3616315

XAUUSD

Buy

Price at Publish Time:

$3,343.46

Profit Target:

(+4.21%)$3,484.05

Stop Loss Price:

(-12.10%)$2,938.97

It seems that global gold has entered a complex corrective wave, and both in terms of time and price, we should wait for the waves to fully develop and complete their patterns, reaching the end of wave 4. After that, it would be possible to enter a buy position targeting the levels specified on the chart.

Source Message: TradingView