Technical analysis by TVS-Trader about Symbol PAXG on 7/21/2025

TVS-Trader

After consumer price index data reinforced last week, gold prices regained their upward momentum, and are currently trading within a wide range. The artistic structure still shows a strong upward trend, as the trend line continues to work as reliable support, targeting the important resistance area at 3400 next week. 📌 Favorite Trading Strategy: Watch the price reaction around the 3343 support area. If a rejection signal appears to this area accompanied by a purchase pressure, this will be the perfect entry point. If the price continues to correct, the strong support area will be at 3322 points suitable for the average direct exchange rate (DCA). It is not recommended to sell if the price penetrates the 3373 convergence area, as this is a sign that confirms the continuation of the strong bullish momentum. 📍 Important price areas: Support: 3343 - 3322 Resistance: 3373 - 3400 🚀 Partner: The price rejects the 3343 region with a clear climb signal Strong bounce from the 3322 region