Technical analysis by TVS-Trader about Symbol PAXG on 7/22/2025

Gold continues to maintain its upper momentum as expected, and in yesterday's session he reached its goal at 3400. This is a sign of continued steadfastness of the bullish wave structure. In the European trading session today, the price is likely to conduct a technical correction to important support areas before continuing the main direction in the American trading session. The current trading strategy still gives priority to pursuing the upward trend, with a focus on monitoring price reactions at support areas to find safe entrance points. Partners ’assertion for participation is a major factor to avoid fear of the right time. 🔑 The main levels Support: 3375 - 3363 Resistance: 3400 - 3427 ✅ Trading strategy The first purchase catalyst: the price interacts positively and exceeds the support area at 3375 The second purchase stimulus: The price bounces strongly from the deeper support area at 3363 Buying the DCA moving average: when the price penetrates the 3400 level and settles this level 🎯 The following goal: 3427 📌 Note: It is necessary to monitor the price reaction at the support areas accurately to determine whether the purchasing power is strong enough. In the absence of a clear confirmation signal, it is preferable to stay neutral and monitor instead of fear of missing opportunities and setting orders.