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

EA_GOLD_MAN_COPY_TRADE

Gold (XAU/USD) 2H Technical Analysis – July 21, 2025 Overview: The chart illustrates a bullish breakout setup for Gold on the 2-hour timeframe, with key levels clearly marked for an entry point, stop loss, and target projection. Key Technical Zones: Entry Point: Around 3,366.55 USD Stop Loss: Just below 3,338.61 USD Target Point: 3,452.92 USD This suggests a risk-reward ratio of approximately 1:3.4, making it an attractive long setup. Technical Indicators & Observations: ✅ Price Breakout: Price has broken above the resistance zone near 3,366, indicating bullish momentum. ✅ Support Zone: Strong confluence in the 3,338–3,356 zone, providing a solid support base. ✅ Moving Averages: 50 EMA (red) is crossing above the 200 EMA (blue), supporting bullish continuation. ✅ Volume Spike (implied): Entry breakout candle likely accompanied by strong volume, though not explicitly shown. Conclusion: Gold is presenting a bullish breakout opportunity with a clean entry and favorable risk-reward ratio. As long as price holds above 3,366, a move toward the 3,452 target remains probable. Watch for potential retests of the entry zone to confirm breakout strength.