Technical analysis by Formedzeus about Symbol PAXG: Buy recommendation (9/20/2024)

Formedzeus

don't see anything to really trade other then this so far. if price 1hr breaks previous resistance wick, retest down and holds on 15m chart, looking to long this the next zone above. the next zone above, is where i will be more careful to long already, if power starts to weaken, im looking for the big short.update on previous trade on UJ long, this current agressive move was what i was looking for. previously felt too weak and sellers were pretty strong, still closed up at 1.5r still. good let go.seems people were waiting for the news to happen before any action. but im not jumping back in on UJ. its not a the best spot at the moment despite the UK retail news.UJ, woudl have hit sl then bounce back up to tp. good i got out of it, im hoping for a xau retracement, i'm likely going to enter if 15m holds maybe double ordersim watching if this area holds for UJ, if so im looking to long it. looking at 15mnope, looks still pretty heavy1hr holds, i maybe look to long it.im in UJ long143.562, i wanted this entry, but it pumped abit fast. say seller got trapped jus tnow at the bottom. then missed out nice entry2.5R profit on 2x ordersamerican power, lets goEww, ugly rejection on 15m.15m closes like this, im cloisng, but maybe re-enter at the bottomtook it, saw bloody 3.5R, sold at 1.5Rlooking to see if any support on xau holds.xau, only looking for shorts from here. not looking to long, waiting for some time to happen, then i'll look for the short.if 15m holds, here i might long this back to the top.UJ long 15mim in, 143.899, sl 143.705i want to see strong explosion up, or at least alot of wicks, for accumulationAbsorption is holding up so far2.5 orders in, up 1.5r nowim aiming all the way back up, or abi thigher, say 144.925 max, lets seejust like that 3R profitback down to 1r, expecting CB news later to pump itt, i don't think price has been priced in yet. at least by USA.1hr spinning top i still hold.im still in it back at entryok accumulation saw 2R back again, was down 2 r just now too.im out closed, 2 r profitsaw 3r profit, took it at 2R