Technical analysis by Formedzeus about Symbol PAXG: Buy recommendation (4/29/2025)

not many great trades past week, not trading large accs as 2 pending payout. look at this, if 15m holds, will look to long it. news looking good for xau todaywhere was a pretty good trade last week, but i only caught 0.8R, could have gotten over 10r profit, yesterday UJ short, i caught it, but sl Be, then would have had a big win too. about rough lately, maybe im too busy mentally to trade.lets hope for the xau retracment, then see if holds.best wait first, but im, perfect entry2 orders in, but im already 1rtp is 7.5r on 1 ordermay sell early, see how first.ewww, 1hr cnadle not best, bu ti think i'l hold to sl for nowthis candle, or next, i want to see a nice pump, if not im closing1hr timeframeso far london can't break support, hopefully, USA see this as tested, then market buys instead, with the news too.uj also looking interesting to short from here, if doesn't break 1hr 200 emawon't trade it though, just forward testing.3314.35, large order block there, seems we can't break it, i might close it.therés a squeeze, mayb ei put sl under the 15m lowor see this 1hr closeUJ short would have been ok so far. but i think tp hsould not be more then 1hr swing low around 142.350this 1hr candle can tell it all. but usa might want to add some power to buying too. think either close on this 1hr, or sl be, or wait USA power. im not really up yet, as waiting to cash out. i might just close it.not going ot force it. volume of buyers look abit weak. maybe usa might pump it. if so, i'll find a 15m retracement.gave it 3 hours to pump it, but didn't go up. i say enough chance. won a 0.8R trade instead. ok lets see another setup.posted in comments, would be 5 r if shorted UJ now. entry was right at the top.think Uj has chance to go back rest next level above, also with the news.taking a short scalp on xau here, to 15m swing low.0.5ri usually odn't ike to short xau, esp when still considered bullish, but think there's a gap for now. 1hr highs seem tested againtook it, 0.7R profit, i actually longed from japan open too. think the real short starts here. i got in at 3394.39damn, what a close, almost at the bottom, if price cannot break here, likely going to retest back down. news we have this week was rough, abit all over the place. we getting inflation, but not yet when, also numbers as abit low, supposing good for the market, but confusion also pumps gold. reckon not to trade, at least till USA and china makes the trade deal. then we can see overall direction.closed scalp low just now, took it on the first top of swing low. didn't want to f with it, caught the 2r long from japan open so pretty happy already.i like trades with at least 3 to 5 r. so not entering this trade yet. lets see uk timezone.yep, UJ hit tplooking to see if there's any resistance around 3353 to 3360 on xau, might take another scalp shortthinking of setting a limit order below previous 1hr candle lowon xaui've set a stop limit order at 3335.78 shortim inim gonig to be very careful on this one.going to watch this close, mayb ei get out. i want to see deeper dump then this. maybe sl entryits too early to SL entyr, but i've done so anyway. theres a fvg right below this 15m, i want ot see a dump to break that, then hold.out at BE, yeah im looking for a higher price for the wave down. goign to wait to see if anything happens.yep, think we on this new range, 1hr weekly high and this point, im more for shorting so far, with trade news good for world, xau expecting short term dump. lets see the short"2 hours agoNotelooking to see if there's any resistance around 3353 to 3360 on xau, might take another scalp"we almost at 3353i cann't trade news, only after news. we in the zone, im looking for some weakness heressems some induction but i gotta wait 5 mins after newsmaybe if some weakness at 3359 i enter,i want to enter nowcan't enter yetSOB, i can't enterwill wait for retracement then enter.entered 1 order first short xausetting sl, 3368.96if 15m is doji, i'll enter 2nd order in1 hr looks strong, but volume not really big yet. entered 2nd order here, 3356no signs of weakness yet. but im pretty up today, maybe hold abit longer.ok, some induction and sellers taking overim hoping when trump speaks later, he said some great deals for usa, then expecting xau to droparound be to 0.5Rprofit15m buyers stil look stronger, maybe 1hr 1 more time try to push up. buyer's hasn't slowed down yet.price closed abit too high on 1 hr. might cut sl abitlooks like good chance will lose this trade.still in it, almost BEholding here for next 30 ins is good, news trump talking with is UKprice close above 3360, 15m im closing.-1.2Rentered another order at 3367 short still xauseeing about 0.8r,news just came out, china releases quota to buy gold. jesusim expecting china tmw to pump xau.took it, 0.8rlooks going to be messyboe cutting rates for UKSOB, lol, xau finally dropped yeah, thats it for me todayxau first tp hit.4 r profit, hai, thatz it for me, lets see tmw.tp 2 hit. on xau, damn., 10r profit.taking another short on xau3323.69, entry, sl 3334.88think should have some try to sell there, previous support, shoudl turn resistance, 1hr, 20 +200 ema, UJ japan seems good news. good enough to try it out.1h4 i want to see it break 3305.84, incase of inverse shs pattern.1r profit now2r profitfinal tp is 9.6Rholding till sl. missed out big yesterday, hit tp perfectly before this pump. same strat, but 2nd time, got chance, usually up to 3 times then i stop. hopefully wins.looking like will lose this trade. buyers seems quite strong at this level.will see 1hr close. should tell alot.news upcoming, if good should dump xau, is mainly why im holding15m higher low, higher high, we should get out. , goign to watch this 1hr. if cannot break down, im closing.3322.35 want to see 1hr under that1hr, like this, yes, likely closing, seems itanlian market not doing too good, also eco news not too good too. worry alot of will dca some gold.setting sl, at prevous 15m swing high, so will lose abi tless. im at my entry now.last chance i'll give for it to down, change dsl, to 3331.88must drop here, 1hr, resistance turning to become support. buyers accumulating still at this zone it seems. must drop this candle 1hr.15m, buyers showing some weakness here.haiz, if lose will lose it, if holds here, looks like ascending triangle or cup and handle pattern. lets seewow this support below is damn strong. buyer seems to really protect their investments. sl moved, going to let it roll.yep, there's a big buyer protecting this area. they willing to buy, might as well close it here, save some moneyout -7Rjust saw the news, bloody, news 80% tax on china, bloody hell. its on a good price right now to short UJ. to next zone below.caught a 4 r win, saw 7r, xau short and ndx long. looking to enter a long at 20720, tp 20817, sl 20685small order, scalping onlyjust missed entry, tp just hit on ndx.might scalp short on UJ, seems high enough alreayd, looking at 148.158, if stuck there, i might swing it short, but sl abig higher, like 148.418tp around 147.118it was previous hard push down area, should have liquidty there, for buyers to soak before then grabentered 1 order at 147.82215m candle cannot break previously low, im closing, early.but may enter again on a higher price.tok it, 1r profitlooking likea good close so farcaught a 4.5r win on uj long longed from the 15m low.scalp shorting xau now, took a 4r winner on us100 short just now.don't like this xau 1hr candle, may close earlyor set sl right above candle on the 1hr.regrests on US100, shoulkd have held longerclosed -.8rtook a long scalp on us100, almost at bottom, but if lose only 0.5r. looking to long it back to the zone above, 21221news looks good for usa tonightalso we kinda on a fvgon 1hr chart.wow, 10mins 1rtook it, 1bout 1rdamn, us100, my sl trailing got it, if not 2.8r nowdamn us100, i caught the bottom, thought news was good, trade deals moving well, nvidia was doing well. seems founda bottom, 15m close held, so entered, pumped so fast. saw it break prevoius resistence, so put sl under it. lets see how it goes. breaks here shoudl go back up.yep, us 100, should retest back up, should have held my long. was way too choppy also with news was abit too risky. couldn't do set an forget there.btc looking good to short here, 10.775if doens't break this area, think is a spot. then if pumps, cut short sl. to reduce loss.i think first support, better take it, W pattern there. also last time went down hard rejected. im not in i on a uj short for a long time. EJ, was nice. but about 5050 win rate today, lucky wins pretty good Rheld it over night, about 5 r now on uj shortsl at 2.6r profit7r profi tnow. tp is 8rif goes back up, next down, im closing.sl at 4.2r profitclosed, 4.7r profit145.573, looks like uj wants to test this price, just now was missing 0.2r to get 8r profit, damnbtc short last night would have been a easy 2rlikely going to stay out, maybe catch the redown again on UJyeah broke structure UJ, likely is going to test the topshort chance??, see this close 15m, maybe i enter a short.there's strong induction so far.uj hasn't hit really hard liqudity zone yet. think still got chance to go down too.hasn't broken 1hr structure yet.im in, but this is the last time im shorting, it, if cannot break im out of shorting this zoneeww, cutting sl by half.setting sl at 145.382damn, lucky i trimmed sl, lol, -0.52"2 hours agoNote145.573, looks like uj wants to test this price, just now was missing 0.2r to get 8r profit, damn"1hr hasn't closed yet. no trades on uj, im on a long last hour close on xau, hoping to push back all the way up, retest previous weekly highs.closed -.7r3192.91 looking to long around this areaopened 1 order long, looking for the 2nd order long xau2nd order in, sl 3181damn, no buyer in this zone, i expected some pump up, down 1.5rentered another half order at 3169.64 small order long, really dont' like to catch daggerssaw the trump news, but expected it to pump gold, not short gold, iran dont' listen bad news? if have mroe support will add to position but for now no, dont' see any buyers confident yet.stay out of markets, going to stop for this week, going to keep my profits, about 40% winrate at the moment. but winners coming in with nice Rs. also losers, most i cut before hitting sl.taking a short on Us100 at the moment