Technical analysis by fukschool90 about Symbol PAXG on 3/12/2025

A lesson I find myself forgetting many times over is DO NOT ENTER IMMEDIATELY AT BREAKOUT/BREAKDOWNIn these markets, it is generally better to wait for a candle close confirmation above zone, followed by a retracement, and then you can enter.Generally it is better to miss a move than lose money regardless. Essentially if you want more of your trades to work, even at breakout or breakdown, wait.While some may argue that you would miss the move, I would counter to say that if a move is incredibly and rapidly directional it is very likely there will be a retracement. Markets prefer a slow and steady rise or decline for stability, if it moves jaggedly it will eventually regress to the mean all the same.