Technical analysis by Kh413D about Symbol PAXG: Buy recommendation (2/15/2024)

📈 Trading Idea: Long XAU/USD 🔍 Analysis: We're eyeing a potential long opportunity for XAU/USD. Our analysis suggests a favorable risk-reward ratio for this trade. 🎯 Entry: Enter the trade at 1994.3. This marks our initial position. 🛑 Stop Loss: Set your stop loss at 1985 to manage risk effectively. 🎯 Take Profit Targets: TP1: 2001 TP2: 2013 📊 Risk Level: Medium 📝 Note: Keep a close watch on price action and be prepared to adjust your strategy accordingly.TP1 ReachedTP2 Reached Trade Fully closed 👌💵