Technical analysis by jt453 about Symbol PAXG on 3/19/2025
jt453

Gold has headed in the right direction as per the fib chart also there was small pull back on the 4Hr chart. Looking at ATH of 30,54.3 Observation: Due the high impact News coming out of the USA in 10hrs time from NZ be carefulnot to be in a trade while the News hits close out all trades prior to the this at least 3hrs before hand to be safe. Disclaimer : Never risk more than your prepared to loose ensure SL are set however with high impact News close early ride it out until the News is over before thinking of entering into a trade.Gold met my Observation with a 30,058.3 coming in 4 points Higher after the News from the USA where from here ending the week on a ATH could be time to take breather as there is still more News coming out today and tomorrow. Looking forward to Monday see where the Markets take us.target hit 30,058.3