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Technical analysis by Goldviewfx about Symbol PAXG on 5/11/2025

https://sahmeto.com/message/3501833
Goldviewfx
Goldviewfx
Rank: 12677

GOLD 4H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEK

Neutral
Price at Publish Time:
$3,328.38
،Technical،Goldviewfx

Hey Everyone,Please see our updated 4h chart levels and targets for the coming week.We are seeing price play between two weighted levels with a gap above at 3344 and a gap below at 3297. We will need to see ema5 cross and lock on either weighted level to determine the next range. We have a bigger range in play then usual.We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.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 20 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.The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.BULLISH TARGET3344EMA5 CROSS AND LOCK ABOVE 3344 WILL OPEN THE FOLLOWING BULLISH TARGET3394EMA5 CROSS AND LOCK ABOVE 3394 WILL OPEN THE FOLLOWING BULLISH TARGET3438EMA5 CROSS AND LOCK ABOVE 3438 WILL OPEN THE FOLLOWING BULLISH TARGET3486BEARISH TARGETS3297EMA5 CROSS AND LOCK BELOW 3297 WILL OPEN THE SWING RANGESWING RANGE3236 - 3176EMA5 CROSS AND LOCK BELOW 3176 WILL OPEN THE SECONDARY SWING RANGESWING RANGE3088 - 3046EMA5 CROSS AND LOCK BELOW 3046 WILL OPEN THE SECONDARY SWING RANGESECONDARY SWING RANGE3130 - 3078As 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 GoldGoldViewFXTYPO CORRECTION:EMA5 CROSS AND LOCK BELOW 3176 WILL OPEN THE SECONDARY SWING RANGESECONDARY SWING RANGE3130 - 3078

Source Message: TradingView
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