Technical analysis by RiskEnd about Symbol PAXG on 8/11/2024

RiskEnd

The areas specified on the chart are valid areas for entering buy and sell deals, but you, as a trader, must (wait for confirmation) from the smaller frames. Buying areas: 1- Not closing below the area, 15-minute frame (preferably not closing below the middle, 15-minute frame) 2- Touching the bottom of the area and closing above the middle, 5-minute frame or 15-minute frame 3- Sun strategy on the 5-minute frame 4- Forming an upward trend within the area, 1-minute frame 5- Breaking the last peak on the 1-minute frame. Inside the zone Any one of these five signals is considered an entry signal for the deal SL = closing two minute candles below the negative zone Sell zones 1- Not closing above the zone 15-minute frame (preferably not closing above the middle 15-minute frame) 2- Touching the top of the zone and closing below the middle 5-minute frame or 15-minute frame 3- Sun strategy on a 5-minute frame 4- Formation of a downtrend within the zone 1-minute frame 5- Breaking the last bottom on the 1-minute frame. Within the zone Any one of these five signals is considered an entry signal for the deal SL = closing two minute candles above the positive zone This analysis is for a week until Friday, 08/17/2024 and will be updated daily. Notes: 1- You can follow the deal on the CCI indicator 2- You can follow the deal on the NY strategy 3- Pay attention (to the main peaks and bottoms) and insurance candles 4- If more than one entry signal agrees, "the deal is considered safe" 5- You can rely on entering the RSI 14 indicator (on the hourly frame and larger) 6- The zone can be respected more than once. (Valid for entry more than once) 7- When entering, the SL should not exceed more than 20 points Buying and selling areas for gold for the date 08/17/2024