Login / Join

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

https://sahmeto.com/message/3626213
DeGRAM
DeGRAM
Rank: 225
3.2
Buy،Technical،DeGRAM

📊 Technical Analysis ● Bulls defended the channel‐base 3 280 zone, breaking the six-week falling wedge and reclaiming 3 312; structure flips to higher-highs within the rising channel. ● A close above the wedge lip at 3 355 should unlock the grey range ceiling where the May trend-cap and 3 430 – 3 450 intersect. Pull-backs into 3 300-3 312 are expected to attract bids while the wedge retest holds. 💡 Fundamental Analysis ● US headline-CPI cooled for a second month, knocking 2-yr real yields to one-month lows and trimming Fed-cut timing, while PBoC data show June net gold purchases resuming—both reviving spot demand. ✨ Summary Long 3 300-3 320; breakout >3 355 eyes 3 430 → 3 450. Invalidate on an H4 close below 3 280. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$3,339.54
Share
Signals
Top Traders
Feed
Alerts