Technical analysis by Algo_Trading_Mql5 about Symbol PAXG: Buy recommendation (5/15/2025)

*gold (XAU/USD) buy trade* with: - *Entry Price:* *3175* - *First Target (FVG):* *3200* (+25 points) - *Final Target:* *3268* (+93 points) ### Analysis of the Trade Setup: 1. *Fair Value Gap (FVG) Target (3200):* - An FVG often acts as a short-term liquidity zone. - Price may stall or pull back near *3200* before continuing upward. - *Action:* Consider taking partial profits here or tightening stops. 2. *Final Target (3268):* - A *+93-point move* (~*2.9%* gain from entry). - Check if *3268* aligns with key resistance levels (previous highs, Fibonacci extensions, etc.). ### Key Considerations: ✅ *Bullish Confirmation Needed:* - Is gold in an uptrend (e.g., breaking higher highs & higher lows)? - Are supporting factors like a weaker USD, Fed rate cuts, or geopolitical risks in play? ⚠ *Risk Management:* - *Stop-Loss (SL):* Should be below a recent swing low (e.g., *3150-3160*). - *Risk-Reward Ratio (RRR):* - If SL = *3160* (15-point risk), then: - *First Target (3200):* *RRR = 1.67x* - *Final Target (3268):* *RRR = 6.2x* ### Trade Plan Suggestion: 1. *Enter at 3175* (if bullish structure confirms). 2. *Take 50% profit at 3200* (FVG zone). 3. *Move SL to breakeven* (or trail stop). 4. *Let remaining position ride to 3268* (if trend remains strong). Would you like help identifying key support/resistance levels or analyzing gold’s current trend for confirmation?trade active in buytarget almost done gold touch 3250 profit booked 750 pips done