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Technical analysis by Reliable_Trading about Symbol PAXG: Buy recommendation (7/15/2025)

https://sahmeto.com/message/3637698
Reliable_Trading
Reliable_Trading
Rank: 55
3.8
Buy،Technical،Reliable_Trading

From the new tariff policy after the suspension period last week, to Trump's explicit request for Powell to cut interest rates, to the latest statement on the situation between Russia and Ukraine, every one of them is a risk event. The reason why the market trend has not exploded is not because it does not want to explode, but because it needs to accumulate strength to show a stronger explosion. For the trading market, the best strategy at this time is to wait patiently. The US June CPI data will be released later. The published value of the data will affect the probability of the Fed's interest rate cut, so it needs to be closely watched. From the trend of gold, as time goes by, the pressure is gradually moving up. Now 3365-3375 is a more important suppression range. As long as it breaks through here, the gold price will most likely test the 3400 integer mark, and we still need to pay attention to the support below 3340-3345. ✅Today's trading strategy is to wait for the CPI data to be released. If the gold price cannot fall below 3340-3345, look for opportunities to continue buying. If it falls below, make other plans. 📣More detailed real-time trading strategies will be released on my channel. 🟢Go get it now! 👇👇👇

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$3,372
Stop Loss Price
$3,345
Price at Publish Time:
$3,359.23
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