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Technical analysis by lybeedo about Symbol PAXG on 4/21/2025

https://sahmeto.com/message/3435445
،Technical،lybeedo

Hello everyone,📅 Today is Monday, April 21, 2025I will be using the High-Low price levels formed on the following dates as reference points for potential trade entries:📌 April 21, 2025 (Monday)📌 April 22, 2025 (Tuesday)🧠 Trading Plan & Notes:✅ Gold has broken its ATH multiple times over the past two weeks—volatility remains high✅ The range formed on April 21 is approximately 3331 to 3430 — a massive 1000-pip zone⚠️ Due to the large range, reversal entries or trades based on Fibonacci levels may be more appropriate✅ I will personally trade both signals as part of my ongoing research and strategy⚠️ If you're unsure or risk-averse, consider skipping April 21's signal📋 Execution Plan:🔹 Wait for the price range from the candles above to fully form (marked with green lines)🔹 Entry will be triggered upon breakout, with a 60-pip buffer🔹 If the trade hits Stop Loss (SL), switch direction and double the position size on the next valid entry for potential recovery📉📈 Chart Reference:x/lgXVOC2u/Hello everyone,📍 Hi-Lo Range (April 21, 2025):3325 to 3436 (includes 60-pip buffer)✅ April 21 Buy Signal:🔹 Entry Triggered: 3436🔹 Price Peak: Reached up to 3500, delivering a gain of 600+ pips🏆 Another All-Time High (ATH) was achieved.💡 While the move offered attractive profit, it fell slightly short of a 1:1 risk-reward ratio.⚠️ After hitting 3500, the market reversed sharply and broke below the SL zone.📌 If you secured profit early, great!📌 If not, the position likely hit SL on re-entry, requiring a cut switch strategy from 3325 to 3260.📉📈 Chart & Analysis:🔗 TradingView Link : TV/x/QC2jqEah/

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$3,437.38
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