š $PAXG ā Resistance Holding Near $3,600
$PAXG is trading at $3,460, slightly up +1.6%, but failed to break above the $3,600 resistance. Despite strong yearly gains of +49%, short-term upside looks limited with potential for a pullback as momentum cools.
š Downside Targets:
šÆ Target 1: $3,400 ā Local support zone.
šÆ Target 2: $3,320 ā Minor consolidation area.
šÆ Target 3: $3,240 ā Deeper correction zone if weakness expands.
Gold-backed asset, but still vulnerable to short-term profit taking.
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