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Technical analysis by TradingShot about Symbol PAXG: Buy recommendation (9/1/2025)

https://sahmeto.com/message/3747159
TradingShot
TradingShot
Rank: 39
4.0
Buy،Technical،TradingShot

Gold (XAUUSD) is on a huge rebound following the double bounce on its 1W MA20 (red trend-line), a level which has been previously associated with the start of very strong rallies. The 2-year Channel Up that started back in October 2023 has always formed a consolidation Triangle before the next Bullish Leg and on the three past occasions that was initiated after a 1W MA20 contact. Assuming we 'just' repeat the minimum +22.41% Bullish Leg, we are targeting at least $3800 before the current peaks. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$3,487.81
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