Technical analysis by Forex_Gold_Signals about Symbol PAXG: Sell recommendation (3/17/2025)

Entry: 2998-3000Stop Loss: 3005 (70 pips risk)Target 1: 2994 (40 pips gain)Target 2: 2987 (70 pips gain)Final Target: 2980 (180 pips gain)If the trade moved 200+ pips in your favor, that means the price dropped significantly below 2980, possibly towards 2800 or lower.Key Observations:1. Risk-Reward Ratio – Your stop loss is very tight (70 pips), but the potential reward is much larger. This is a good R:R setup if volatility supports it.2. Price Action & Momentum – If price broke below 2980 (your final support zone), it likely had strong selling pressure. Did you trail your stop loss to lock in more profits?3. Future Considerations – If similar setups occur, consider adjusting stop loss after Target 1 or 2 is hit to secure partial gains.Would you like help with further trade refinements or identifying similar setups?