Technical analysis by filatovarthur about Symbol PAXG: Buy recommendation (7/18/2025)
https://sahmeto.com/message/3642038

filatovarthur
Rank: 3715
Analytical Power:
1.8
TradeIdea – Gold (XAUUSD)
:Buy
Price at Publish Time:
$3,353.52
Profit Target:
(+0.64%)$3,375
Stop Loss Price:
(-0.10%)$3,350

Looks like a bullish breakout is brewing! ✅ Price has broken out of the descending channel ✅ Retested the global trendline support ✅ Reclaimed the 200-day moving average (MA200) ✅ Momentum indicator surged above the 100 mark ✅ Visible imbalance zone above — potential target area 📌 If price consolidates above $3350, consider a long setup: 🎯 Target 1: $3370 🎯 Target 2: $3375 🧠 Watch for confirmation before entry — structure and momentum alignment is key.
Source Message: TradingView