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Technical analysis by EA_GOLD_MAN_COPY_TRADE about Symbol PAXG on 5/16/2025

https://sahmeto.com/message/3516575

(XAU/USD) Buy Trade Setup – Entry, Target & Risk Management Pla

Neutral
Price at Publish Time:
$3,188.58
،Technical،EA_GOLD_MAN_COPY_TRADE

Entry Point:3,140.34 USDThis is the suggested level to enter a long (buy) trade.Stop Loss (SL):3,121.66 USDA protective level to limit losses if the trade goes against the setup.Target Point (Take Profit - TP):3,251.33 USDThis is the EA target point — where profits are expected to be taken.---3. Risk/Reward Ratio:Risk: From 3,140.34 to 3,121.66 = 18.68 pointsReward: From 3,140.34 to 3,251.33 = 110.99 pointsRisk/Reward Ratio ≈ 1:6, which is very favorable.4. Resistance Point:Around 3,222.45 - 3,227.27This area might act as a challenge for price movement, potentially leading to temporary retracements.5. Indicators:Moving Averages: Red (shorter period) and Blue (longer period) lines help indicate trends.The price is moving above the short-term MA but currently under the long-term MA, which might suggest a short-term bullish move within a broader downtrend or sideways range.Conclusion:This is a bullish setup, anticipating a reversal or continuation to the upside after a pullback:Buy Zone: 3,140.34Stop Loss: 3,121.66Take Profit: 3,251.33If the price drops to the entry point zonetagert hit 900 pips done

Source Message: TradingView
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