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Technical analysis by Jack-Mastermind about Symbol PAXG: Buy recommendation (7/15/2025)

https://sahmeto.com/message/3637646
Jack-Mastermind
Jack-Mastermind
Rank: 5288
1.6

GOLD (XAU/USD) 2H ANALYSIS — Trendline Breakout Setup

:Buy
Price at Publish Time:
$3,363.73
Profit Target:
(-0.56%)$3,345
Stop Loss Price:
(-0.65%)$3,342
Buy،Technical،Jack-Mastermind

Gold is showing a potential bullish continuation after a successful breakout and retest of a long-term descending trendline. ✅ Key Points: Price has broken above the trendline resistance and is now retesting the zone (support near $3,342) Current price is holding above the support zone with a bullish structure If the support holds, we may see a rally towards the next resistance levels: ▶️ TP1: $3,387 ▶️ TP2: $3,421 ▶️ TP3: $3,434 🔴 Invalidation: A strong break below $3,342 may shift the bias to bearish, targeting $3,324 and lower. 📌 Conclusion: As long as price stays above the support zone and holds structure, bulls remain in control. Keep an eye on price action near $3,360 for confirmation.

Source Message: TradingView
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