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Technical analysis by Sai2k about Symbol PAXG: Buy recommendation (10/28/2024)

https://sahmeto.com/message/2925683
Sai2k
Sai2k
Rank: 12752
1.6

XAUUSD trading idea 28/10/2024

Buy
Price at Publish Time:
$2,750.99
Buy،Technical،Sai2k

Based on the Bullish Flag pattern, a potential strategy could be to initiate long positions on a breakout above the flag's upper trendline, with a stop loss placed below the flag's lower trendline. Alternatively, traders could consider entering long positions on a pullback towards the flag's lower trendline, provided the trendline holds as support.Entry: 2738, 2732 (for pullback entries)Stop Loss: 2725Take Profit: 2770 (based on the flag pole projection)

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