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Technical analysis by goldenBear88 about Symbol PAXG: Buy recommendation (7/14/2025)

https://sahmeto.com/message/3634354
goldenBear88
goldenBear88
Rank: 328
3.1
Buy،Technical،goldenBear88

Gold is about to test #3,400.80 benchmark, strong possibility which I announced many times lately that Gold will deliver Bullish accumulation below #3,300.80 then #3,400.80 test (if you read my previous analysis, you would be in excellent Profits). Technical analysis: Gold eventually honored the Fundamental side and is Trading on a Bullish pattern on the healthy Ascending Channel. Now this is largely charted territory on the Hourly 4 chart. Typically the Ascending Channel is a pattern of trend continuation, marking a Bottom and turning Bullish on Short-term even though that Daily chart's #MA50 (line of utmost importance) got invalidated to the upside once again and formed Support now (remember that I mentioned that Gold will reveal major move after #MA50 is formed / holding as an Support or Resistance, now is formed as an Support which reveals that Gold becomes / stays Bullish on both Short and Medium-term. However the larger time-frame of Weekly chart remains Bearish, so again I need to pay attention of potential reversal points and Selling the Top as High (and safely) as I can. Gold was Technically Bearish but Fundamental side prevailed and the result is those Bullish candles which are visible on the charts. My position: I have Bought Gold throughout Friday's session within #3,330's however closed earlier below #3,348.80 (missed #3,352.80 benchmark break-out) however my Profits were already great so I don't mind. Keep Buying every dip on Gold (aggressive Scalps).

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$3,400.8
Stop Loss Price
$3,300.8
Price at Publish Time:
$3,360.3
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