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$PAXG /USDT – Daily Chart Analysis Gold-Backed Token Eyes

koinmilyoner

Updated at: 5 hours ago

{"content":"$PAXG /USDT – Daily Chart Analysis Gold-Backed Token Eyes Fresh Highs Amid Bullish Structure 🟢 Overview: PAXG (PAX Gold) remains in a strong uptrend, riding above all major moving averages. The recent price action suggests healthy consolidation after testing local highs near $3,600. 🔍 Technical Structure: MA 7 ($3,405) and MA 25 ($3,381) are closely aligned and currently holding as dynamic support. Price remains well above the MA 99 ($3,263), signaling long-term bullish momentum. Recent pullbacks were met with buyer interest — no lower lows formed. 🎯 Key Levels: Support 1: $3,400 (MA confluence zone) Support 2: $3,260 (MA 99 and key trendline) Resistance 1: $3,600 (local top) Target 1: $3,700+ if breakout confirmed Target 2: $3,900 (potential all-time high test) 📈 Momentum Outlook: Trend remains intact unless $3,260 is lost on high volume. Any breakout above $3,600 with volume could spark a leg toward $3,700–$3,900. 🛡️ Safe-haven demand for gold remains a macro tailwind — PAXG may continue to outperform in risk-off environments. ⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/22/7c7f6bd25768434ea239a1e49b63d252.png"],"tags":[],"tradingPairs":["PAXG/USDT"],"quotearticleid":0}

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