Technical analysis by WavePoint_FX about Symbol PAXG: Buy recommendation (7/11/2025)

🔍 Momentum: D1 timeframe: Momentum is currently rising, suggesting that the bullish trend is likely to continue for the next few days. H4 timeframe: Momentum is also bullish, indicating that the uptrend is likely to dominate today. 🌀 Elliott Wave Pattern: On the H4 chart, price action is in the final stage of a contracting triangle correction. Price is now approaching the upper boundary of the triangle. With both D1 and H4 momentum in alignment, the probability of a breakout to the upside is high. If this breakout occurs, we can expect a move toward the 3393 area, which is a key level to confirm whether the corrective phase has truly ended. 🎯 Price Targets: Current area (3330–3332): A potential opportunity for a scalp BUY, supported by bullish momentum on H4. Next support zone: 3315–3317 – a solid area for a mid-term BUY entry if there’s a pullback. ⚠️ If price breaks below 3279, the current wave count becomes invalid and a new analysis will be provided. ✅ Trade Plan: 🔹 SCALP BUY Entry: 3332 – 3330 SL: 3327 TP1: 3363 TP2: 3390 🔹 MID-TERM BUY ZONE Entry: 3317 – 3315 SL: 3307 TP1: 3342 TP2: 3363 TP3: 3390+ 100 pips Entry BUY 3332 - 3330+ 200 pips Entry 3332 - 3330