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Technical analysis by Alpha_54321 about Symbol PAXG: Buy recommendation (1/22/2025)

https://sahmeto.com/message/3191750
Alpha_54321
Alpha_54321
Rank: 1898
2.4
Buy،Technical،Alpha_54321

Gold is still in a strong bullish trend respecting the daily/4H Trendlines. The daily and weekly market structure still bullish but a pullback is due therefor two possible setup are found . Good LUckA 4H bearish outside candle was formed which indicate that the bearish momentum is increasing . the 4H ADL line is starting to point downward and bearish volume is increasing . Sell position was executed with SL set to breakeven . Good LUckBE reached

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
First Support:
$2,577.79
First Resistance:
$2,801.63
Price at Publish Time:
$2,743.08
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