📉 $PAXG – 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.
📌 Downside Targets:
🎯 Target 1: $3,400 – Local support zone.
🎯 Target 2: $3,320 – Minor consolidation area.
🎯 Target 3: $3,240 – Deeper correction zone if weakness expands.
Gold-backed asset, but still vulnerable to short-term profit taking.
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