Technical analysis by Michael_Petit1999 about Symbol PAXG: Buy recommendation (9/18/2024)

In my previous trade idea on GOLD, I said the market would keep trading higher into a Premium Swing High. But here is the reason why Price(THE MARKET) traded higher. Prior to creating a Swing High, the price was in a Discount Array. Price then created a Fair Value Gap on its way to creating that Swing High, Keep In Mind that this very Swing High is where our Take Profit is. After Price created the Swing High it traded back to the Fair Value Gap or Area of Inefficiency where our Buy Order is. The Market will always mitigate Areas of Inefficiency or Fair Value Gaps. Now that my idea has been validated, stay tuned for the next oneOur Predicted Take Profit was 2530. The Target has been reachedOur predicted Take Profit was 2530 Price has reached our Take Profit