Technical analysis by Trader_97 about Symbol PAXG: Buy recommendation (1/26/2025)
https://sahmeto.com/message/3202598

Trader_97
Rank: 6183
Analytical Power:
1.6

Gold looks to poised for more gains, might run into some resistance around $2784-$2790 but overall since bullish trend line support seems to be intact for now. We will look for a breakout and targets around $2812 & $2868. Risk to reward on this is 1:2. Entry: $2756.00 Stops: $2700.00 Targets: $2812 & $2868 Follow me for more trading setups & opportunities. Note: Financial Markets carry a great risk. Manage your positions wisely. This isn't trading advice. The setups I post are my own perspectives and how I view the markets after personal analysis of market structures and price action.Update: 2nd target at $2868 achieved. (1120+ Pips) booked with this trade setup.
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Signal Type: Buy
Time Frame:
4 hoursProfit Target:
$2,812Stop Loss Price
$2,700First Support:
$2,700First Resistance:
$2,784Price at Publish Time:
$2,763.9