Is Gold Ready to Surge Higher? Critical Support & Resistance Levels for $PAXG
🔴 Sell Zone: $4,540 – $4,560 (Rejection directly from the MA(200) resistance line)
🎯 TP 1: $4,410
🎯 TP 2: $4,250 (Near MA(25) support)
🛑 SL: $4,600 (Above the MA(200) and recent swing high)
$PAXG has mounted a sharp recovery from its $3,944 low. With volume backing the move, the path of least resistance remains upward once the MA(200) barrier at $4,549 is cleared. Keep leverage moderate as commodity-backed tokens follow spot gold price volatility.
#gold #PAXGUSDT
🔴 Sell Zone: $4,540 – $4,560 (Rejection directly from the MA(200) resistance line)
🎯 TP 1: $4,410
🎯 TP 2: $4,250 (Near MA(25) support)
🛑 SL: $4,600 (Above the MA(200) and recent swing high)
$PAXG has mounted a sharp recovery from its $3,944 low. With volume backing the move, the path of least resistance remains upward once the MA(200) barrier at $4,549 is cleared. Keep leverage moderate as commodity-backed tokens follow spot gold price volatility.
#gold #PAXGUSDT
