Technical analysis by Phoenix-Rise-Trade about Symbol PAXG: Buy recommendation (9/19/2024)

Market Context: Price touched Bullish Daily Fair Value Gap (FVG) following a new swing high. Bullish engulfing candle confirmation after retracement on H4 timeframe. Entry Buy : $2564Target Price (TP): $2640 (1.618 Fibonacci extension) Stop-Loss (SL): $2527 (below FVG) Monitoring: Track the price daily and adjust based on new market information.Documentation: Record trade details and observations for future analysis.Trade was activated and ongoingTarget Reached. 7900 pips