Technical analysis by zohaanrajpoot about Symbol PAXG on 3/13/2025

1. **Market Trend:** - The price is in a **downtrend**, waiting for liquidity sweep confirmation. - **Resistance zone (Red Area: 2,943 - 2,945)** is holding, and price is rejecting from there. 2. **Liquidity & Fair Value Gaps (FVGs):** - **Recent liquidity grab** has occurred near the **Green Zone (2,938 - 2,939).** - **Order block & imbalance filling** is likely. 3. **Sniper Entry Setup:** - **Buy Entry:** **2,939 - 2,938**, if bullish confirmation appears. - **Stop Loss:** **2,937.5** (Max 20 pips) - **Take Profit:** **2,942** (30+ pips target) - **Alternative Buy:** If the price **breaks above 2,942**, potential scalp towards **2,944.** - **Sell Entry:** **2,943 - 2,945**, if price rejects resistance. ### **🚀 Summary** - **Buy Setup:** 2,939-2,938 (Need bullish confirmation) - **Sell Setup:** 2,943-2,945 (Rejection from resistance) - **Major Resistance:** 2,943-2,945 - **Major Support:** 2,938-2,939 🔥 **Risk Management is Key!** Avoid full margin trading to protect your account. 🚀