Technical analysis by Barry_Games_Trading about Symbol PAXG: Sell recommendation (6/26/2024)

Barry_Games_Trading

DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Signal For 26 June 2024 SELL LIMIT Order: $2328.92 Stop Loss: $2337.41 Take Profit 1: $2320.68 Take Profit 2: $2309.72 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%. Trade Review For 25 June 2023 This trade almost ends in full profit! But nonetheless, I am happy with the partial profit as well. P&L for the month: +0.8R 03 June: +0.5R 04 June: +1.6R 05 June: -1R 07 June: -1R 14 June: -1R 17 June: +1.6R 18 June: -1R 20 June: +1.6R 24 June: -1R 25 June: +0.5R The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10R May: +0.2R