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

Elite_Gold_Mines

Gold at the moment is dropping and testing the lower areas but at the current positions gold is at the supporting areas which can pump it up. The supporting areas at the moment are 3303, 3275 which has shown support to the Gold previously while the 3250 is a strong bullish level that we take as a demand zone. Currently market is at 3306 which is a support and from this area might might return if not then the second and more strong areas are 3275 and 3250. Market is bullish and can hit a new high soon. due to the news events we have seen a rapid but temporary drop in gold while market is still bullish fundamentally and has maintained it value. Supporting Areas: 3303, 3275, 3250Resistance Areas: 3370, 3400, 3445achieved 430 points from my buy entry from 3303