Technical analysis by David_1_8 about Symbol PAXG on 5/21/2025

The Gold Spot/U.S. Dollar exchange rate on the OANDA platform, with various technical analysis tools and indicators applied.🧭Chart Details:👩‍💻- The chart is set to a 1-hour time frame.- It shows the price movement of Gold Spot/U.S. Dollar over time.- The chart features a mix of green and red bars, indicating price movements.💹Technical Analysis Tools and Indicators:- Trend Lines: Two trend lines are drawn on the chart, one connecting the highs and another connecting the lows. These lines help identify the overall trend and potential support or resistance levels.- CHOCH (Change of Character): The chart highlights several CHOCH points, which are significant changes in the market structure. These points are marked with labels and arrows, indicating potential turning points in the price action.- BOS (Break of Structure): A BOS is identified on the chart, marked with a label. This indicates a significant break in the market structure, potentially signaling a change in the trend.- Target: A target price level is indicated on the chart, represented by a blue rectangle. This suggests a potential price objective based on the analysis.Analysis and Interpretation:- The chart appears to be analyzing the Gold Spot/U.S. Dollar exchange rate using various technical analysis tools and indicators.- The trend lines and CHOCH points suggest that the market has undergone significant changes in structure, potentially indicating a shift in the trend.- The BOS and target price level provide additional insights into the potential direction and magnitude of the price movement.Trade setup; with David↗ Bullish Entry 3310 to 3300Target 3340.00Target 3380.00Target 3400.00 Stop Loss; 3280.00Use proper risk management. Overall, the image presents a detailed technical analysis of the Gold Spot/U.S. Dollar exchange rate, highlighting key features and potential trading opportunities.Like🚀 to support us.Use proper risk management.