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Technical analysis by SatochiTrader about Symbol PAXG: Buy recommendation (11 hour ago)

https://sahmeto.com/message/3783463
SatochiTrader
SatochiTrader
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Buy،Technical،SatochiTrader

XAU/USD Update We use advanced data that counts the start of the cycle and all important key levels. On the low time frame, Gold is showing strength after reclaiming the 3,664 – 3,657 zone, turning it into a support. Key levels: 3,664 – 3,657 → support zone. Holding above this confirms continuation of the uptrend. 3,684 → current resistance being tested. A breakout above this level would confirm bullish momentum and open the way for a move toward higher targets (3,720+). As long as price stays above the support, Gold remains bullish in structure. Risk scenario: If price falls back below 3,657, downside pressure may return, with 3,463 as the next major support. Cycle support: 3,267 is a critical long-term level. Gold must hold this area to maintain the broader green cycle trend. 📌 Summary Above 3,664 – 3,657 → bullish continuation confirmed. Break above 3,684 → opens further upside targets. Below 3,657 → downside risk increases, watch 3,463 as key support. 3,267 → major cycle support for long-term trend.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$3,720
Stop Loss Price
$3,657
Price at Publish Time:
$3,692.19
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