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Technical analysis by MrMartin_11 about Symbol PAXG: Buy recommendation (7/16/2025)

https://sahmeto.com/message/3640443
MrMartin_11
MrMartin_11
Rank: 464
3.0
Buy،Technical،MrMartin_11

Gold prices initially rejected from recent highs and found strong support, indicating limited downside. Despite the recovery, gold remains under pressure due to rising U.S. bond yields and a stronger U.S. dollar. The higher-than-expected inflation data from the U.S. has reduced the likelihood of an early Fed rate cut, which is weighing on the metal. Technical Analysis: If the 1H candle closes above 3350, the price is likely to push back into the bullish zone. Potential upside targets: 3378 and 3400 You any see more details in the chart. PS: Support with like and comments for more better insights Thanks for Supporting.Take Entry now in Buy side price will respect get there Support Buyers have a good Chance to Take entry Price again Push Back and Growth to Top

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$3,400
Stop Loss Price
$3,320
Price at Publish Time:
$3,360.26
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