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Technical analysis by FrankFx14 about Symbol PAXG: Buy recommendation (8/10/2025)

https://sahmeto.com/message/3697350
FrankFx14
FrankFx14
Rank: 244
3.2
Buy،Technical،FrankFx14

Gold continues to show bullish momentum after holding above the recent breakout zone. Price is currently consolidating just above the $3,380 - $3,390 support area (green zone), which aligns with a key demand level from previous market structure. 🔍 Technical Outlook: Support Zone: $3,380 - $3,390 (demand area) Resistance Target: $3,437 (previous swing high) Trend: Bullish bias remains intact as long as price holds above support. Plan: A potential retracement into the green demand zone could provide a fresh buying opportunity targeting the $3,437 resistance. 📈 Trade Setup: Entry: $3,385 – $3,390 (on pullback to demand zone) Stop Loss (SL): $3,370 Take Profit (TP): $3,437 💡 Projection: We anticipate a short-term pullback into support, followed by a bullish continuation towards the $3,437 level. A clean breakout above this resistance could open doors for further upside. ⚠ Disclaimer: This is not financial advice. Trade at your own risk and always follow your risk management rules. #XAUUSD #Gold #TradingView #PriceAction #Forex #Commodities #TechnicalAnalysis

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
4 hours
Valid Until:
10 Day
Profit Target:
$3,437
Stop Loss Price
$3,370
Price at Publish Time:
$3,390.76
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