Technical analysis by WavePoint_FX about Symbol PAXG: Buy recommendation (7/10/2025)

WavePoint_FX

المریة The H4 timeline structure, the price is returned to test the upper limit of the close triangle, which now works as a dynamic resistance. According to the current numbering, it is possible that the wa wave (in violet) has been completed at the bottom 3279, and the price is in the process of bullish penetration. Reflection. This indicates the possibility of the rising trend in the next five days. Next Resistance areas: 3330 and 3342.🎯 Important levels and conditions for nullifying scenario the following support areas are pivotal to enter deals: Support Zone 1: 3306 - 3308 Support area 2: 3294 - 3297‼ ️ Important note: If the price is broken below 3294, then the current scenario of Elliott waves is not valid and the numbering must be re -numbering. Entry: 3308 - 3306 stop loss (SL): 3303 profit targets (TP): TP1: 3342TP2: 3366TP3: 3390 Scenario 2 - Buying deeper support (in case of strong correction): Entry area: 3297 - 3294 stop loss (SL): 3287 profit goals (TP): TP1: 3342tp2: 3366TP3: 3390 Scenario 3 - Safe Option (Confirmation of Horization): Waiting until the price breaks the upper limit of the triangle, then enter after re -test to the hack area (about 3325-3330) Horizing and re -testing for safe entry into the new upward direction.