Technical analysis by Formedzeus about Symbol PAXG: Buy recommendation (10/27/2024)

this looks interesting, boj looks choppy, think there's chance for xau to go back up. this support pretty strong, looking ot take a stab at it.hat 15m rejection thou, closes like this, looks like ping pongstill in the trade, im hoping JP pumps it, it did with GJ/UJ already1.5 hrs, then JP onlineany close under the 1hr wick low. im geting out1r profitclosed. 1.5R profittook iti think can long again if goes back downjapan market hasn't even opened yet.planning to re-enter around 2733.91, sl 1hr lower swing low wickso i closed early, as i wanted to see 15m close above 20 ema, and fib, it didn't so i closed it. usually will be a retest, think JPY would buy xau and GJ/uj. us gov 10 year bonds, yes is pumping, but think we going to hit his some resistance soon, so staying out of it for now. also i think we priced in already from the news of BOJ.im back in, i really do want ot see some wicks, if goes down, then i will aim for 15m higher highi think japan is just testing the low. 15m volume shows they selling, but support not broken, just hoping the get trapped, then im expecting to see the hard pumpre-test zone above15m looking abit weak on xau, maybe close at BE, it didn't not touch 200 eam this time thou. thinking might have some bounce there too.will see the 1hr closeif under 200 ema 15m, im closing, likelywas going to say will re-enter at the bottom, lol, but retracedthinking of scalp longing this GJ and 15m candle close.watchign the close if the wick is big enoughxau cutting sl to 2731.72us bonds so scary, when japan market opened, it pretty much sky high, looks going to choppyi long GJ, at 15m close last candle, no almost 1r on 1 x order, lookign to long this to 199.805 max. almost sl entry when break next zone above, then will trail 15m swing lows.lost 0.4r on xau, but won 2.2r on GJ long on 1 order lol.100 ema, looking to go back in long xau if holds.i got in bad entry, 1 order, just opend another, but if 15m closes liek this im getting out, i want to see it above 100 ema if not im outvolume way too strongout, took a 0.6R loss.xau, lol, got kicked out, then retraced back to 100 ema, should have watched some price action candles first. im interested to long gj/uj too. to next zone above. before 200 on gj, im in abit heavy, so i might just miss out this xau trade.won a nice 4r on GJ long, i re-entered heavy. long, just closedxau, im longing same as this post trade again2x orders this time.goign to sl entry at 2743.20 or abit before thatif not tp near 1hr all time highshopefully win, lets see, going to do some of my other works first.hehe, nice up 4r nowsl in profit of 2.4 Rclosed at 2.9Rdidn't post this, but caught GJ at 198.581 up 1.5r alreadyim looking for some cracks on GJ 15m resistancesi think last attempt to break, for me, with london power should break herethere we go, sl entrydamn sellers are strong still, 15m like this im getting outi want to see some wick on buyer side on 15m close. if not maybe i'll just take it. or max see 1hr close. then set sl below the 1hr candlei'll just sl entry,, see 1hr close. 4h looks good. if holds. likely maybe pump to 2 zones above. 199.624, orignal tp was 199.800still holdingjust sl entry, watching 1hr closeout sl entry.4hr closing wasn't so nice, saw 2r profit just now, didn't take it. ok, looks abit choppy at th emoment. likely i';ll stay out. im interested to long these areas thou for xauGJ 200 ema touch, im goign to long itpre-enteredsl 197.4100.5r profit, i might add margin if closes above 198.199closed 0.5Rlooking to re-enter at the bottom or 200 ema (15m). GJ longdamn closed early. it is what it isUJ longing this now, scalp only3 times if fails to go up again 15m, im closing. my xau trade sold early, took a -.2 loss instead of a nice fat win.closing UJ early, up about 3.2 R over all todaywasn't so confident on Uj anymore, wanted to see a higher pump then that, also i think with the elections, USA wants to sell more then buy. took it for a 0.7R win. i think with last japan news, it put price way too high for buyers to consider to buy. think only JP crazy enough to do that at the moment. with it gone, i think short term is short.also gold is pumping, usually UJ/gj goes opposite directionbloody hell, if i saw the 1hr close like this, likely i will hold abi tmore, to see if can break 192.154really???? ...........nothing to say, both xau and UJ. when i sold then pump. jeezthats trading folks lol. will wait for next move.likely would have closed both if i was in it still. best watch 1hr close. or 15m candles. or trail sl at profitoriginal post reacheduj long, 153.130, if have some support 15m, sl 152.968if holds, japan market might just pump it up.im going in first.i do want to get out before tonights news, non farm news not looking fantastic. 110k is abit on the low side, gdp 3% looking ok, but that 15m gap might slap. tonight has too much news, best just stay out completelydont'dont'move too within 3 hours up, i might just close it early, buyers might take a passive approach, also i will trail swing lows on 15m if we do go updamn, i saw 1r already, that was fast153.3, get in with total 2.2 ordersno real tp, just looking to trail or higher swing high on 1hr, is main tp.entered 1 more at the bottom, total 3 r profit just, closed 1left 2.2r orders open. likely will swing it, if breaks this resistance on 1hr. 153.333first 15m rejection, i give it 3 times on 15m, fails then im closingnot too good, so early, and japan selling, hopefully we see some accumulation, or sellers get trapped1hr red candle like this, i'll cut sl, to 1hr wick low on previous candle. as we have had a ascending trendline brokenhopefully is only retest and failyeah market buyers looking abit passive to me, news tonight too choppy, they maybe holding backmaybe 2nd time up, 15m, i might want to close it. then not trade todaypower looks so weakthis time up, i want to see higher high on 15m close, or im out.clsoed, energy too small D energy,1.1r profit on the close. but closed another 0.9r profit on other order, total abit more then 2 r profithahaha, whoops!!, but his area has sellers, i would have been very concerned. i still feel small D energy. volume closing not looking too confident. at here, would be total maybe 3.2R. likely be choppy tonight, im up 9% this week already, maybe looking to cash it out soon, should reset my account soon. maybe next week.damn really??? yikes, that it for me, i honestly don't want to enter this trade anymore, news tonight, next week elections, i just don't believe people will buy it, only take profits or sell.bloody hell, lol, i guess small d energy can be still useful if you know how to use it. lol.i would still close it, 15m red candle. honestly this is the main resistance for first zonenews comign up tonight, looks damn choppy, only wanted to trade the japan session. todayyep, would have closed 15m candle or or set sl near it at profit. ok thats it, gl, lets see how it moves on the newsi wanted to short UJ her,e but pce news look pretty bullish, rather stay out. no trades today, our team made the 8R profit on that earlier short on UJopened a order on xau, 2071.45 long, sl 2764.9only 1, riskyi know its anti news, but i think worth a shot, pce news seems pretty good for usai might close it early. lets seei've set sl below previous 15m wick low candle. so if lose not too bad, about 0.7R loss.out, -0.7R loss, i do want to go back in long,b ut abit lower.