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Technical analysis by Market_Trader about Symbol PAXG: Buy recommendation (9/3/2025)

https://sahmeto.com/message/3750347
Buy،Technical،Market_Trader

A slight pullback followed by continued gains? Gold has surged 100 points since the start of this week, with consecutive daily gains, returning to a strong trend and continuously setting new all-time highs. The 1-hour chart shows that prices opened higher in early Asian trading on Tuesday. After a slight pullback in European trading, prices surged sharply in the US market, influenced by data. Currently, focus on the 3510-3500 trend line. If the strong upward trend continues, prices must not fall below this range. The hourly chart shows that the overall trend remains within the upper limit of the advanced Bollinger Band. After the early Asian rally, there is a high probability of further gains after a pullback. The overall trend is upward, so follow the trend. The current market is very simple to trade: go long on any pullback. Trading strategy: Go long around 3525, with a stop-loss at 3505 and a target of 3550-3570.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$3,551.08
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