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Technical analysis by Siddharth_Joshi about Symbol PAXG on 7/23/2025

https://sahmeto.com/message/3656158
،Technical،Siddharth_Joshi

Gold Analysis on 4H Timeframe. Gold is at Major Resistance of 3450. We can Expect a sell movement from 3450 after sweeping the liquidity above, but in other case if closing happen above 3450 in 1D or 4H and Hold then we can Expect gold to test 3500 ATH. CMP: 3425 Resistance: 3450 Support: 3400 Demand Area: 3250 Supply Area: 3500 This Analysis if for Long Term View not for Intraday. As Market Are are uncertain, I believe gold may be bullish for but technically speaking it should test 3200 Zone for once. Why Gold can go to test 3500? ~The Reason gold can go 3500 this year again is because after creating new ATH it didn't tested the zone again so no retest that's means price will come once to test the area. That's how gold works. Gold Always test it Area or Zones. Why Gold can go to 3200? ~ Again the reason simple after making a new ATH, Gold was in sideways range in 1D and 1W. Gold always make false move first and directional move so in Monthly no retest happened Yet. So there are more chances that testing the 3500 level will be just a wick in bigger Timeframe to trap buyers and then go for retesting the area.

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$3,426.23
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