Technical analysis by smarttradingstar about Symbol PAXG: Buy recommendation (3/14/2025)

📌 XAU/USD Long Position Setuphttps://www.tradingview.com/x/DZPbz3Mb/🔹 Entry: 2997🔹 Stop Loss (SL): ❌ 2990🔹 Take Profit Targets:🎯 TP1: 3002 (+50 pips)🎯 TP2: 3007 (+100 pips)🎯 TP3: 3012 (+150 pips)💡 Risk Management Tips:✅ 📊 Risk-Reward Ratio: Aim for at least 1:2 to maximize gains.✅ 📏 Position Sizing: Keep risk 1-2% of your capital.✅ 🔄 Trailing Stop: Move SL to breakeven after TP1 to secure profits.🎯 **TP1 (3002) HIT!** ✅🚀 🔹 **Current Status:** ✅ **Entry:** 2997 ✅ **TP1 (3002) Reached!** (+5 pips) 📈 **Next Targets:** - 🎯 **TP2:** 3007 (+10 pips) - 🎯 **TP3:** 3012 (+15 pips) 🔄 **Risk Management Update:** 🔹 Move **SL to breakeven (2997)** to secure profits. 🔹 Consider partial profit booking at **TP1** and let the rest run.