Login / Join

Technical analysis by FirstNameHelen about Symbol PAXG: Buy recommendation (7/13/2025)

https://sahmeto.com/message/3630885
FirstNameHelen
FirstNameHelen
Rank: 443
3.0
Buy،Technical،FirstNameHelen

Hi folks today I'm prepared for you Euro analytics. After a strong bullish impulse, the price managed to break above the local resistance zone and reach the 3365 level. This zone had previously acted as a barrier for upward movement, but now the price is consolidating just below it, forming a possible correction setup. I see that price followed a clear trend line during its recent rally, and multiple times this line acted as dynamic support. The buyers respected it and entered the market with each touch. Currently, Gold is hovering near the upper boundary of the resistance zone. I expect that before continuing to grow, the price may make a slight correction toward the trend line, using it again as a support for a potential rebound. This would also allow the market to gather more liquidity before targeting new highs. Once the correction completes and the trend line holds, I expect gold to rise again, break through the 3365 resistance level, and continue its upward movement toward 3400 points, which is my main goal for this setup. Given the strong trend, the bullish impulse, and clear support from the trend line, I remain optimistic and anticipate further growth. If you like my analytics you may support me with your like/comment.❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.Nice! Price broke resistance level and now I expect that it will make retest and then continue to grow.Price made correction and now trade close to trend line.

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$3,349.61
Share
Signals
Top Traders
Feed
Alerts