Technical analysis by MergicNet about Symbol PAXG: Buy recommendation (5/16/2025)
MergicNet

🚀 Trade Setup Details:🕯 #XAUUSD 🔼 Buy | Long 🔼 ⌛️ TimeFrame: 1H--------------------🛡 Risk Management:🛡 If Your Balance: 1Lot(100K-Units)🛡 If Your Loss-Limit: 10pips🛡 Then Your Signal Margin: 0.02Lot--------------------☄️ En1: 3185.55 (Amount: 0.01Lot)☄️ En2: 3170.06 (Amount: 0.02Lot)☄️ En3: 3159.08 (Amount: 0.02Lot)☄️ En4: 3148.13 (Amount: 0.01Lot)--------------------☄️ If All Entries Are Activated, Then:☄️ Average.En: 3164.48 (0.06Lot)--------------------☑️ TP1: 3223.4 (+589.2pips) (RR:1.3)☑️ TP2: 3252.02 (+875.4pips) (RR:1.93)☑️ TP3: 3288.76 (+1242.8pips) (RR:2.74)☑️ TP4: 3336.1 (+1716.2pips) (RR:3.79)☑️ TP5: 3389.16 (+2246.8pips) (RR:4.96)☑️ TP6: Open 🔝--------------------❌ SL: 3119.14 (-453.4pips)--------------------⌛️ Trading Type: Swing Trading‼️ Signal Risk: 🙂 Low-Risk! 🙂🔎 Technical Analysis Breakdown:This technical analysis is based on Price Action, Elliott waves, SMC (Smart Money Concepts), and ICT (Inner Circle Trader) concepts. All entry points, Target Points, and Stop Losses are calculated using professional mathematics formulas. As a result, you can have an optimal trade setup based on great risk management.⚠️ Disclaimer:Trading involves significant risk, and past performance does not guarantee future results. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your research and trade responsibly.💡 Stay Updated:Like this technical analysis? Follow me for more in-depth insights, technical setups, and market updates. Let's trade smarter together!Trade is active. Target 2 reached. Have Fun Guys 😎Gold is 3300 as we expected! TP3 was touched.