Technical analysis by Rafilathif about Symbol PAXG: Buy recommendation (1/19/2025)

Currently, it appears to be a buy signal on the lower timeframe. On the daily timeframe, it has already touched the support level and has the potential to rise up to 2744.10.To identify the buy signal, I will wait for a retest at the 5-minute support level. At that point, I'll look for a double bottom formation.Once the price breaks the 2704.17 level on the 5-minute chart, I'll open a buy trade.Key Point is Wait for the right moment: Be patient and wait for the right timing before making your move.Reevaluate on 5-minute support: Check the 5-minute support level to confirm your next step.Surpass the entry level (5-minute trend): Aim to break past the entry level based on the 5-minute trend.Identify the signal candle: Look for the signal candle as it crosses the entry level and observe the buying pressure on it.