Login / Join

Technical analysis by SineHeidari about Symbol PAXG: Buy recommendation (7/21/2025)

https://sahmeto.com/message/3649355
Buy،Technical،SineHeidari

In our previous updates, we highlighted the 3350–3360 zone as a critical resistance that could trigger a pullback toward the 3200 level. 📉 Over the past week, price tested this zone multiple times, and each time we saw a sharp rejection of 400–500 pips. This behavior clearly indicates that liquidity has been absorbed in this area, and short sellers have likely hit their targets. 📈 Now, the market dynamics are shifting. With sellers exiting and the zone losing its bearish pressure, we could be looking at the beginning of a new bullish leg. The first key resistance on the upside is 3400. ⚠️ However, considering the number of high-impact events expected this week, I personally prefer to wait for a low-risk entry closer to 3320–3330 rather than chasing the move early. Stay alert — this week could bring high volatility and major trend moves.

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 day
Profit Target:
$3,441
Stop Loss Price
$3,307
Price at Publish Time:
$3,371.41
Share
Signals
Top Traders
Feed
Alerts