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Technical analysis by lybeedo about Symbol PAXG on 5/2/2025

https://sahmeto.com/message/3471922
،Technical،lybeedo

📅 Today is Friday, May 2, 2025📌 Upcoming Signal Dates:May 5, 2025 (Monday) orMay 5 & 6, 2025 (Monday & Tuesday)🧠 Trading Plan & Notes:✅ Gold has undergone a significant reversal of over 2000 pips, from its ATH of 3500 down to 3200⚠️ If the upcoming Hi-Lo range is wide, consider reversal entries or setups based on Fibonacci retracement levels✅ I will personally be trading both signals as part of my research and ongoing strategy⚠️ If you're risk-averse or uncertain, it’s okay to skip the May 5–6 signals📋 Execution Plan:🔹 Wait for the price range from the selected candles to fully form (marked by green lines on the chart)🔹 Entry will be triggered upon breakout, including a 60-pip buffer🔹 If SL is hit, cut/switch and double the position on the next valid setup for potential recovery📉📈 Chart Reference:🔗 Copy & paste this code into TradingView URL: TV/x/C5zZyXar/Hello everyone,📍 Hi-Lo Range (May 5, 2025):3231 to 3343 (includes a 60-pip buffer)✅ May 5 Buy Signal:🔹 Entry Triggered: 3343🔹 Price Action: Strong bullish breakout followed by a rally to 3435, yielding an approx. 920-pip gain💡 This move offered attractive profit potential, allowing for multiple entries and achieving a 1:1 risk-reward ratio⚠️ After reaching 3435, the market reversed sharply, moving back toward—and briefly below—the entry zone📌 If you secured profits early, well done!📌 I'm now preparing the next signal for the upcoming week — stay tuned.📉📈 Chart & Analysis:🔗 TradingView Link: TV/x/hgHBLfMB/

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$3,258.4
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