$PAXG Strong rise supported by gold, ready to break the $3,300 level❓. The price of $PAXG has just risen from $3,142.00 to $3,258.80, recording a strong increase of +3.7% with rising demand for gold-backed assets. With increasing momentum and bulls regaining key levels, a breakout of resistance may be the next step.
🔍 Buy trade setup:
Entry area: $3,250 - $3,260
Profit target 1: $3,298
Profit target 2: $3,341
Stop loss: below $3,210
If the price of $PAXG breaks and settles above $3,265, we may witness a strong continuation towards new highs.#PAXG