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Technical analysis by GarryBlack about Symbol PAXG: Buy recommendation (10/1/2024)

https://sahmeto.com/message/2871186
GarryBlack
GarryBlack
Rank: 3634
2.0
Buy،Technical،GarryBlack

GOLD price seems to exhibit signs of overall bullish momentum. A potential new ALL TIME HIGH may form as the price action may form a credible Higher Low on key Fibonacci levels.Trade Plan A (0.5 Fibonacci Entry) :Entry @ 2617Stop Loss @ 2537TP1 @ 2697TP2 @ 2777No. of Trades: 2Trade Plan B (0.618 Fibonacci Entry) :Entry @ 2600Stop Loss @ 2537TP1 @ 2663TP2 @ 2726No. of Trades: 2Move SL to Break Even if TP1 hits (for both plans).

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$2,640.09
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