Technical analysis by TVS-Trader about Symbol PAXG on 7/24/2025

After correction of about 50 price at yesterday's session, gold shows a necessary "breathing" in the long -term upward trend. This is a positive sign, showing that the market is accumulated before continuing its journey towards a new standard around the 3500 region. Currently, gold prices are fluctuated within a border area bordered by a lower/lower direction line, which constitutes a clear structure for support and resistance. Avoid trading in the opposite direction if this border area penetrates. Trading plan: Strategy: Giving priority to purchase when the price reaches the support area Active purchase area: 3375 (reaction price) Possible purchase area: 3363 (deep support) Objective: 3431 in the near future → about 3490 Support: 3375 - 3363 Resistance: 3418 - 3431 - 3490