Technical analysis by Formedzeus about Symbol PAXG: Buy recommendation (2/18/2025)

Formedzeus

previous zone below seems like a new big buyer, constantly protecting, i think there might be a chance for another pump, if price drops instead, i'll look to re-enter below where the buyer came in.im still in the trade, just missed sl, if cannot break up this time, im closing it on 1hr time frame.sl entryabout 1.5r up nowbroke previous resistance, if go back to new support, then go back up fail, one more time or next time, then i'll close.closed, 1.1R profit nice win1.1r profittp hitif xau fails to break higher her, i might set a quick short, for next 1 or 2 hours.im in 2.2 orders total, short sl 2942.31world going to keep buying gold son, but just a strat, this is the 3rd time at htis level, last time there was nice take profits. so im aiming for the same low from last time. as tp, maybe around 2924.53if 1,2, or 3 candles cannot break down im closing.too much bullish news from gold already, even tonight too.closed early, -1.5rlooking to reverse, trade, resistance turn suport on xaugot in at in 2943 but sl abit far 2938.04, as long as 1hr close above my entry, im ok to hold till sl.yeah, 3 times rule on 15m, if cannot go up, it will retest, wanted to let go, but was having dinner.-1r149.077 UJ if 1hr holds here, im looking to take a short tp next zone below around 148.310