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Technical analysis by Forex_ViP_Signalss about Symbol PAXG: Sell recommendation (3/20/2025)

https://sahmeto.com/message/3366384
Forex_ViP_Signalss
Forex_ViP_Signalss
Rank: 1435
2.5
Sell،Technical،Forex_ViP_Signalss

The analysis on the Gold Spot (XAU/USD) 1-hour chart shows that the price has successfully hit the target level.1. Breakout Confirmation: The price moved past a key resistance level, confirming a bullish breakout.2. Target Zones Reached: The marked target levels (indicated by the blue arrows) were hit as price action followed an upward momentum.3. Volume Profile Support: The price movement aligned with the volume profile, showing strong buying interest at key support zones.4. Profit Potential: The measured move percentages (e.g., 0.22%, 0.28%) suggest a structured approach to price projection, which has played out accurately.This confirms the effectiveness of the technical setup and highlights the importance of key resistance breakouts in price movements. Would you like a deeper breakdown of the trade setup?

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$3,070.51
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