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Technical analysis by FX_Mark0 about Symbol PAXG on 7/16/2025

https://sahmeto.com/message/3640581
FX_Mark0
FX_Mark0
Rank: 805
2.8
،Technical،FX_Mark0

Gold is currently consolidating within the 3345–3350 zone, showing signs of potential bullish movement in the short term. A sustained break and H4 candle close above 3355 could trigger bullish momentum towards 3360, followed by extended targets at 3375 and 3400, aligning with key resistance levels. On the flip side, if the price faces rejection and an H4 candle closes below 3330, this could open the door for a bearish move, with potential targets at 3315 and 3300, which also act as critical support and pivot levels. 📌 Key Levels to Watch: Immediate Resistance: 3355 / 3360 Major Resistance: 3375 / 3400 Immediate Support: 3330 / 3315 Major Support: 3300 🔎 Wait for confirmation on the H4 timeframe before entering positions. Always manage your risk accordingly.Our analysis has successfully reached the target zone as anticipated. Patience and technical discipline paid off.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$3,352.97
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