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Technical analysis by hyegosantos about Symbol PAXG: Buy recommendation (4/23/2025)

https://sahmeto.com/message/3444332
hyegosantos
hyegosantos
Rank: 1475
2.6
Buy،Technical،hyegosantos

I have a buy analysis on XAUUSD due to the formation of a strong reversal candlestick (bullish engulfing), which has broken out from the previous bearish structure. After this movement, the price returned to a Fair Value Gap (FVG) region, highlighted in blue, indicating a possible imbalance zone where buyers can return to action. The entry is positioned within this region, with a target on the previous tops, signaling an expectation of continued upward movement.

Translated from: English
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Signal Type: Buy
Time Frame:
15 minutes
Profit Target:
$3,336
Stop Loss Price
$3,279.9
Price at Publish Time:
$3,291.5
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