Technical analysis by MR_gold2 about Symbol PAXG: Buy recommendation (8/3/2025)

First, we must wait for the price to stop and start the correction There is a strong increase in the momentum of buyers : ⸻ Technical analysis: • A very strong bounce from the 3,264 region that we had previously identified after we saw the sales momentum decreasing with the reflection signs. The price model is closer to a cross movement (Range) between 3,280 - 3,440 since June. • The price penetrated a sub -resistance area at 3,340. • The RSI index is now at 64.71 and heads to the purchasing saturation areas, but it has not yet arrived. ⸻ المر A wave analysis: • The current movement may be: • A wave (C) ascending inside a triple correction (ABC) from the bottom 3,280. • Or start a driving wave if the 3,440 level is fasted steadily. • In both cases, the instant trend is now ascending until further notice. ⸻ 🔹 time analysis: • At the beginning of August, it witnessed a strong bottom, which could represent a time turning point to start a wave of rise in the coming days. On the periodic point of view, gold often witnesses an increase in mid -August, especially if the dollar is weak. I mentioned earlier from the calculation of time for the bottoms that gold every month is a bottom and start from it at the beginning of a month ⸻ 🔹 Digital Analysis: • Level 3,280 is clear digital support (confirmed by apostasy). • The next digital target at 3,420 and 3,480, which are historical resistance levels. • In the event that 3,440 is broken, the next goal will be about 3,520. ⸻ 🔹 Basic analysis: • The acute height may be driven by: • The US dollar is weak after negative economic data or expectations to reduce interest. • The demand for gold as a safe haven after declining stock indicators or possible geopolitical tension. • The chances of reducing interest or installing it from the federal supporting gold strongly. After the positive NFP news, gold support strongly And news of the definitions as a MC of Trump and the movement of two properties A threat to Russia ⸻ 🔹 Prayers Action: • Long promotional candles without hesitation or lower shades → clear purchasing momentum. • The size of the candles is very high (177.96k) → strong confirmation of the purchase of movement. • There are no reflection candles yet, which means the possibility of continued ascension. ⸻ 🔹 Recommendation: 🔼 The current scenario: a continuous rise, provided that 3,320. • ✅ The opportunity to buy current: • Buying from the current price with great risk or the best waiting for any correction of about 3,340 - 3,330. • 🎯 Goals: • First goal: 3,420 • A second goal: 3,480 A possible third goal (penetration): 3,520 For more, organize to our channel in the link https://t.me/ihab90gold