Technical analysis by YUKIOTRADER90 about Symbol PAXG on 5/6/2025

YUKIOTRADER90

Chart AnalysisTrend: The market is currently in an uptrend with a pullback happening within a bullish flag or channel.Current Price: Around 3,390.13Support Zone: Near 3,322.725Potential Entry: At or just below the current price level after a small dip (as shown by the blue arrow).Bullish Bias: Based on the continuation pattern and price respecting the upward trendline.📈 Trade Setup (Buy Position)Entry: Around 3,390Stop Loss (SL): Below the recent swing low or channel support → around 3,361Take Profit (TP): Targeting the projected measured move → around 3,450 - 3,460This setup gives a decent Risk:Reward ratio, approximately 1:2 or better, depending on the exact entry.🔁 SummaryEntry: 3,390SL: 3,361TP: 3,450 to 3,460Bias: Bullish continuation after a healthy pullback200pips running profitAlmost hit our traget