PAXG/USDT 4-Hour Price Analysis
As of March 13, 2025, PAX Gold (PAXG) is trading at approximately $2,992.41, reflecting an increase of $46.24 (1.57%) from the previous close. The intraday trading range has seen a high of $2,993.77 and a low of $2,943.69.
Technical Indicators:
Relative Strength Index (RSI): The RSI is currently at 60, indicating neutral to slightly bullish market sentiment.
Moving Averages (MA): The 50-period moving average is trending upward, suggesting a bullish short-term trend.
Key Levels to Watch:
Resistance: $3,000 – A breakout above this psychological level could push PAXG toward $3,050.
Support: $2,950 – A drop below this level may lead to further downside toward $2,900.
Outlook:
Given the current market conditions and technical indicators, PAXG/USDT may continue its upward momentum in the short term. Traders should monitor these key levels and technical indicators for potential breakout or breakdown scenarios.
