Technical analysis by Goldviewfx about Symbol PAXG on 5/1/2025

Goldviewfx

Hey Everyone,Once again following on from yesterdays update, this 4 chart is also playing out perfectly. After completing both our Bullish 3343 and bearish 3282 targets; we stated price will play tennis between both levels. We also stated that we will look for ema5 cross and lock on either level to determine the next move.- Ema5 crossed and locked below 3282 opening 3224. This was hit perfectly today on the drop completing the full retracement range. We will now look for a break below this level to open the swing range or failure to lock below will see a retest on the next Goldturn above. Each weighted level is still also providing the 30 to 40 pip bounces, just like we always state.We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.BULLISH TARGET3343 - DONEEMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGET3404EMA5 CROSS AND LOCK ABOVE 3404 WILL OPEN THE FOLLOWING BULLISH TARGET3439EMA5 CROSS AND LOCK ABOVE 3439 WILL OPEN THE FOLLOWING BULLISH TARGET3503BEARISH TARGETS3282 - DONEEMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE FOLLOWING BEARISH TARGET3224 - DONEEMA5 CROSS AND LOCK BELOW 3224 WILL OPEN THE SWING RANGESWING RANGE3190 - 3138EMA5 CROSS AND LOCK BELOW 3138 WILL OPEN THE SECONDARY SWING RANGESECONDARY SWING RANGE3088 - 3046As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!Mr GoldGoldViewFX