Technical analysis by Barry_Games_Trading about Symbol PAXG: Buy recommendation (6/6/2024)

DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 06 June 2024 BUY LIMIT Order: $2337.98 Stop Loss: $2325.72 Take Profit 1: $2350.00 Take Profit 2: $2365.98 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 03 June 2024 We managed to hit take profit 1 but it ends at break even. Let's continue tomorrow! Trade Review For 04 June 2024 We managed to reach take profit 1 as well, now this trade is running risk-free! Let's continue to hold! Trade Review For 05 June 2024 Our first losing trade of the month. We almost hit our take profit 1... Let's try again tomorrow! P&L for the month: +0R 03 June: +0.5R 04 June: +0.5R & running 05 June: -1R The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10R May: +0.2R