Technical analysis by Trade_Simple_FX about Symbol PAXG: Buy recommendation (7/16/2024)

XAUUSD M15 Here is the signal update from yesterday, we have seen a maximum of 2.1R so far, currently in active play of 1.75R. We have banked partials and we are holding the remaining 50% position risk free. I'm hoping this setup has plenty more mileage in it. Last week, we caught an amazing long position from a key area of support. And this position continued to rise a huge 530 points, it would be great to see something similar materialise here