Technical analysis by Ahmedshebe about Symbol PAXG: Buy recommendation (5/24/2025)

Traders i'm here for the analysis i have done for NEXT WEEK .As indicated on my chart i am anticipating NEXT WEEK to be all BULLISH there should some minor corrections though, but BULLS are my take.In order to confirm that BULLS have taken over look at the TRIANGLE on my Chart as we can see the PRICE is almost taking down the UPPER SIDE , so once that UPPER SIDE is broken then we could see the BULLISH MOVEMENTS.However before we go for that BULLISH TREND i'm first looking at level $3345 as my fall Target , this means we should first kill the level and then expect a bounce back and continue flying high.So after LEVEL $3345 is taken down i'd say that's the start of our UPWARD Momentum and that is why we will first tackle $3390 as our first TAKE PROFIT ZONE going Up. immediately the level comes in play i'll be adding some more BUYING ENTRIES on this time ROUND TARGETING a SLIGHTLY HIGHER ZONE $3406 and then once this level is broken i will then tackle something much HIGHER and BIGGER $3483, this is my anticipation for the course of the whole of MONDAY. My RUN won't be as easy as it sounds coz i'll be expecting some minor RESISTANCE and possibly CONSOLIDATION at levels $3396 , 3415 , $3435 and $3468, so YES as soon as these LEVELS are seen we should expect WAVING increase and possibly BEARS trying to push the PRICE down.However this wouldn't mean you cancel your entries and take whatever you have as profits but instead this is where i will possibly come for updates but take NOTE it's the Market and we are not 100% in control, so if you see your LIQUIDITY struggling through the waving, and see yourself headed for a fall you can close.Until then do wish you all a wonderful weekend ahead. Will be back later for further updates of the POINTS that i have missed then.Traders Gear Up we are in for a treat Flagpole formation : The strong bullish rally in early April marks the beginning of the uptrend.Flag (Channel): Price has corrected in a downward-sloping channel, respecting both upper and lower bounds, creating a textbook flag pattern.Breakout Zone: Price is now testing the upper boundary of the flag. A confirmed breakout above this resistance would signal a continuation of the prior uptrend.Morning Traders , The fall i had anticipated for moved a little further down than expected and left me with the idea of evaluating the market further , we should now hit $3332 first for the fall.Afterwards i EXPECT BULLS taking over so this is what i will do for today's entries.Currently going with the FALL entries , targeting $3332 when my target is achieved i have some pending BUY ORDERS from $3332 which i expect'em to be activated and i have my first TAKE PROFITS @$3370 - 73 only after we take this level out i will then confirm further BUY ENTRIES to tackle the UPSIDE.I also can say confidently the idea i had posted on Saturday for the BULLISH MOVEMENT is in for correction, there seems to be some sort of change in Movement although have not yet confirmed , but there is the possibility that we might see a fall further to $3312.UP until then wish you all a blessed trading week ahead.OUR FALL IS ACTIVE currently RUNNING BLUES and i've as well taken down $3340 as my first TP will be targeting $3332 as my second TAKE PROFIT ZONE , as we move closer to $3332 my PENDING ORDERS are on standby for BUY ENTRIES at $3332 targeting $3370.Will be back with further updates as the MARKET unfolds.As indicated earlier we were expecting a fall to $3332 and we did hit it and went a little further down to $3323 and now i'm anticipating for a MINOR RISE to $3343- 45 before we experience another FALL to at least $3319 and then expect the fall to extend further to $3309.My BUY ORDERS have been activated and i'm already running in profits , this is where i'm looking to hit at least $3353 -75 once this level comes in play i'll be closing for the day.Will be back with further UPDATES later.AFTERNOON TRADERS ,As indicated yesterday we were expecting to take out $3353-75 which we did take down $3353 instead and then the waterfall was initiated.Today there isn't much to do as i'm actually looking for my fall in action, currently running profits and targeting a few key levels e.g $3281 which i'm expecting to come in play in the afternoon which will be the NEW YORK SESSION. My trading plan for today is close the current entries as soon as i hit $3281 then evaluate and look for possible more SELL ENTRIES to at least $3278 - 71.Once the above levels come in play , i'll be calling it a day and in case further trading opportunities arise i'll update you, but personally i won't be having any running entries.So GENERALLY we are all BEARISH TODAY, but again let's be on alert as the MARKET can change at any given time. Will be back with further updates as the MARKET UNFOLDS.For those who've been messaging me , guys i'm sorry i can't respond to all your queries but my take is simple , we are still on an UPTREND currently on CONSOLIDATION between $3500 and $3194 So basically we are currently trading within CONSOLIDATION LEVELS which can only be seen on bigger TF.So we play with the market as it comes but the MAIN KEY LEVELS to watch are for the UPWARD CONTINUATION we need to see $3500 broken and once it's broken maybe we could then target some more LEVELS up there but the chances are very very slim.According to my EMA XAU was OVERBOUGHT meaning we should expect retaliation and possible FALL in the course of this week or month.Gold increased 680.91 USD/t oz. or 25.95% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Gold reached an all time high of 3500 in April of 2025.what's next should be a FALL nothing more , nothing less.Morning TradersHope you all had an amazing trading day yesterday as i did, although had some few errors in my analysis but still managed to gather them profits.As i had told you yesterday we were expecting the MARKET to hit $3353-75 whereby the market took out $3353 and afterwards SELLERS took action trying to start PUSHING the MARKET on their Favor.Since my trading strategy is at least with 78% WIN RATE , we were able to dominate as the market was UNFOLDING.I also remember that i had it on record that after we take down $3353-75 i was to look for a fall, Here is where i had a small ERROR in my FALL as my expectation was go below $3285-78 , but the PRICE didn't bring the level $3278 in play and instead took down $3281 and bounced back up.Today seems not like a good trading day for me, although i'm actually seeing a fall to at least $3297 , so this is would have been my trading plan for today , i would have had FALL entries to target $3297-90 with considerable lot size , then set my BUY LIMIT around the same zone and a few more below targeting $3328 , once these levels are taken down, i would close for the day.So yes we are still within the CONSOLIDATION levels , the MARKET is still within the consolidation levels , however this doesn't mean we are not to trade , it means we need to alert on our charts and at least be scalping.I'll be back later for further analysis.