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Technical analysis by F0rexBorex about Symbol PAXG on 4/27/2025

https://sahmeto.com/message/3454374
F0rexBorex
F0rexBorex
Rank: 1597
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،Technical،F0rexBorex

From the 4H chart you posted, here's a quick breakdown first:Trend: We're seeing bearish pressure overall after a strong bullish leg. The price is under important retracement levels (0.382, 0.5, 0.618 Fib retracements).Key Levels:Strong resistance zone at 3340-3352 (aligned with Weekly Highs, Daily Highs, and a Supply Zone).Immediate support around 3290 and 3228 (Weekly Open and previous price clusters).Volume Delta: -3.72% macro (bearish), showing sellers have the upper hand currently.Important Price Zones:Sell zone: 3328-3340Buy zone: 3228-3206Scalping Strategy on 15-Minute (assuming London / NY crossover sessions):Bias: Slightly bearish unless strong bullish reversal signals appear.Ideal sessions: London Open (7-9 AM GMT) and NY Crossover (12-3 PM GMT).Possible Scalping Setups1. Sell Setup:Trigger: If price retraces back up to 3328-3337 zone during London open or NY crossover and shows rejection (pin bars, engulfing patterns on 15M).Entry: Short at around 3330-3335.SL: Above 3345.TP1: 3308 (Sell level on chart).TP2: 3290.Bonus TP: 3270 if momentum strong.2. Buy Setup:Trigger: If price dips into 3228-3206 (near Weekly Open) and shows bullish reaction (hammer, bullish engulfing).Entry: Long between 3220-3230.SL: Below 3200.TP1: 3254.TP2: 3270.Bonus TP: 3290 if NY session volume kicks in.

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$3,315.3
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