$PAXG /USDT – Daily Chart Analysis Gold-Backed Token Eyes
koinmilyoner
Updated at: 6 hours ago
{"content":"$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}