Technical analysis by vienmelodic2 about Symbol PAXG: Buy recommendation (12/12/2024)

Gold price was breaking H4 Trendline.theres a Quasimodo SELL on m5 timeframe Today that works well.now its retesting very good demand zone.the idea is buy from demand zone with Take Profits 1:3 RR as shown on the chart image.Our first demand break, but its still have 2nd demand area on 2645-2651. which currently the price are rejecting and goes up from there.Stop Loss Hit from 2nd Area P/L -60 Pips