Technical analysis by Alexgoldhunter about Symbol PAXG: Buy recommendation (12/27/2024)

XAUUSD Gold Price Action Mastery: Precision Entries and Exits with SMC & ICT StrategiesPrice Action Strategy:Support and Resistance Levels:Strong support at 2,615.832.Resistance at 2,632.598.Trend Analysis:The price is in a consolidation phase between 2,615.832 and 2,632.598.Potential breakout above 2,632.598 could signal a bullish trend continuation.Smart Money Concepts (SMC):Order Blocks:Bullish order block around 2,615.832.Bearish order block near 2,632.598.Liquidity Zones:Liquidity above 2,632.598 (equal highs).Liquidity below 2,615.832 (strong low).ICT Strategy:Fair Value Gaps (FVG):FVG around 2,620.048 to 2,625.055.Optimal Trade Entry (OTE):OTE zone between 2,620.048 and 2,625.055 for potential long entries.Indicators:Volume Profile:High volume node at 2,632.598 indicating strong resistance.MACD:Bullish crossover indicating potential upward momentum.RSI:RSI around 60.41, indicating a neutral to slightly bullish sentiment.Follow Alexgoldhunter for more strategic ideas and mindsSell STRATEGY activated entry: 2632.598 tp1: 2625.055 tp2: 2615.832 sl: 2640.000TP1 SUCCESSFULLY HIT ENJOY PROFITSGREAT GOLD ALL TP DONE tp2: 2615.832 Hope you All enjoyed profits :-)