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Technical analysis by ProfittoPath about Symbol PAXG: Buy recommendation (5/20/2025)

https://sahmeto.com/message/3534265
ProfittoPath
ProfittoPath
Rank: 4735
1.8
Buy،Technical،ProfittoPath

📈 Updated GOLD Trade Setup (Long)Chart: 30m timeframeEntry: $3,279🛑 Stop-Loss (SL): $3,255Below recent support (red zone) – protects against false breakout pullback.🎯 Target Levels (TP):TP1: $3,323Previous major resistance (green line)TP2 (optional extension): $3,350+Round number & possible breakout continuation if momentum holds.⚖️ Risk/Reward:Risk = $3,279 – $3,255 = $24Reward = $3,323 – $3,279 = $44R:R = ~1:1.8Good R:R for a breakout continuation.🔍 Quick Notes:Price has already broken wedge resistance and retested yellow zone.Entered on bullish continuation candle.Volume confirmed the move (5.68K).Momentum still strong — holding above structure.

Translated from: English
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Signal Type: Buy
Time Frame:
30 minutes
Profit Target:
$3,323
Stop Loss Price
$3,255
Price at Publish Time:
$3,295.98
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