Technical analysis by TradingStar090 about Symbol PAXG on 4/16/2025

Bullish Scenario – Breakout Above $3,300Bias: Bullish (Trend Continuation or Breakout Play)Entry Condition:Price breaks and closes above $3,300 on the H1 or H4 timeframe.Ideally accompanied by rising volume and no strong upper wick (shows strength).Entry Point: Around $3,301–$3,305 after confirmation.Targets:🎯 Target 1: $3,320 – Near-term psychological level.🎯 Target 2: $3,332 – Next resistance zone.Stop Loss: Below $3,290 (to avoid false breakout pullbacks).Can scale in more above $3,310 if momentum is strong.❌ Bearish Scenario – Breakdown From $3,300 or Below SupportBias: Bearish (Rejection or Breakdown Play)Entry Condition:Price fails to hold $3,300 and forms a bearish rejection candle (like a pin bar or engulfing).OR it breaks below local support around $3,290–$3,285 with follow-through.Entry Point: Around $3,288–$3,295 after confirmation.Targets:🎯 Target 1: $3,180 – Major support level.🎯 Target 2: $3,170 – Clean round number / extension zone.Stop Loss: Above $3,310 (invalidates bearish setup if broken).https://www.tradingview.com/x/fXOnyxpY/🚨 **Gold Trade Update – Bullish Scenario** 🚨- **Entry (Breakout Buy):** 3305 - **Confirmed Buy Zone Activated** - **Target Achieved:** 3340 🎯 - ✅ **All Targets Hit – Massive Profit Secured** - **Trade Status:** Closed with success 💰📈 Strong momentum, clean breakout – textbook bullish play. Congrats to everyone who rode the wave! Stay tuned for the next setup. 🌟close all trades