Technical analysis by VladimirRibakov about Symbol PAXG: Buy recommendation (4/16/2025)

VladimirRibakov

H4 - We had a strong bullish move with the price creating a series of higher highs, higher lows structureThis strong bullish move ended with a bearish DivergenceWhile measuring this strong bullish move using the Fibonacci retracement tool we have two key support zones that has formed (marked in green)So based on this I expect short term bearish moves now towards the Fibonacci support zones and then continuation higher.If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀---------------------------------------------------------------------------------------------------------------------Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.