Technical analysis by jamesibartram about Symbol PAXG: Buy recommendation (8/31/2025)

jamesibartram

🕰 Monthly View Strong bullish structure with a massive impulse. Previous consolidation candle broke out and delivered a 700-point rally – current structure suggests a similar expansion is underway. Key target level sits at $4,000, aligning with higher timeframe projections. 📆 Weekly View Price broke through weekly resistance and sell-side liquidity. Repeating consolidation pattern before breakout – history suggests further continuation. Liquidity trend supporting higher lows; bullish structure remains intact. Short-term resistance cleared at 3,450, leaving upside liquidity exposed toward 3,800–4,000. 📅 Daily View Breakout from daily supply zone (≈3,420–3,450) confirmed bullish momentum. Now trading above liquidity, with two possible scenarios: Option 1 (Risky): Immediate continuation higher without creating a new range (less stable). Option 2 (Safe): Pullback into fresh support (~3,350–3,400) before expansion toward 3,600–4,000. ⏱ 8H View Resistance broken; liquidity grab confirmed. Consolidation breakout leaves price trending strongly bullish. Any dip into support around 3,350–3,375 is a potential buy zone for continuation. 🎯 Bias & Trade Plan Bias: Strong Bullish Entry Zone: 3,350–3,400 (safe pullback buys) Targets: Short-term → 3,600 Mid-term → 4,000 Invalidation: Daily close below 3,311 (liquidity trend break). ⚠️ Risk Note Gold is in a parabolic move — chasing without confirmation is risky. Best strategy: wait for pullback/retest before entering heavy positions.