Technical analysis by TRADETITANWAQAS about Symbol PAXG: Buy recommendation (1/9/2025)
https://sahmeto.com/message/3152497

TRADETITANWAQAS
Rank: 29843
Analytical Power:
0.9

Xau usd broke resistance after making several attempts. Right now it seems like it will retest the resistance and flip it into support. Overall weekly and daily chart is also looking bullish. Furthermore it must sustain this level to gain more strength to go upside. There can be a sharp wick to the downside to eliminate retail long positions or SL hunt. Hence SL is below swing low to be on the safe side. Every setup is a probability and we as traders work on probabilities. Therefore managing risk will be a good approach before taking any trade. trade safe and HAPPY NEW YEAR50% out. SL at breakeven
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Signal Type: Buy
Time Frame:
4 hoursProfit Target:
$16.17Stop Loss Price
$24.76First Support:
$2,663.02First Resistance:
$2,705.1Price at Publish Time:
$2,675.56