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Technical analysis by DeGRAM about Symbol PAXG: Buy recommendation (7/18/2025)

https://sahmeto.com/message/3641952
DeGRAM
DeGRAM
Rank: 225
3.2
Buy،Technical،DeGRAM

📊 Technical Analysis ● Bulls defended the channel base at 3 333, snapping the intraday falling wedge and reclaiming the broken trend-line; successive higher-lows since 17 Jul signal fresh upside momentum. ● A clean H1 close over the former pivot 3 355 flips the wedge crest into support and activates the measured-move target at the upper horizontal barrier 3 366, with the March swing cap 3 389 next. 💡 Fundamental Analysis ● Softer US jobless-claims trend and Fed speakers’ hints that “policy is restrictive enough” cooled two-year real yields, while PBoC’s June data showed net gold purchases for a fourth month—both underpinning spot demand. ✨ Summary Long 3 345-3 355; hold above 3 355 targets 3 366 → 3 389. Bias void on an H1 close beneath 3 333. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!GOLD has reached the indicated level.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$3,389
Stop Loss Price
$3,333
Price at Publish Time:
$3,352.73
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