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Technical analysis by Explorer-k about Symbol PAXG: Buy recommendation (7/3/2024)

https://sahmeto.com/message/2148620
Explorer-k
Explorer-k
Rank: 20480
1.5
Buy،Technical،Explorer-k

Later on, we will focus on the conversion of several support and resistance levels. The lower support has gradually moved up to 2338-40, which is a good opportunity to consider falling back. In addition, the upper short-term resistance is 2348-50. Once it breaks again, it will hit 2355. The key resistance is 2362-65, which is the point where it has fallen back after many highs in the previous period, and it is also the best short opportunity in the day. If it falls back to 2338-40 first and then rebounds, you can consider shorting once at 2348-50. If it breaks directly at 2350, there is room for long positions. Only consider shorting once at 2362-65. For more precise strategies, please refer to the homepage

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$2,360
Price at Publish Time:
$2,324.98
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