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Technical analysis by UAE_USA_GOLD_TRADERS about Symbol PAXG: Buy recommendation (5/28/2025)

https://sahmeto.com/message/3560929
UAE_USA_GOLD_TRADERS
UAE_USA_GOLD_TRADERS
Rank: 17604
1.4

GOLD Breakout Retest – Long Setup with Strong Risk-Reward

Buy
Price at Publish Time:
$3,311.71
Profit Target:
(+1.46%)$3,360
Stop Loss Price:
(-0.81%)$3,285
Buy،Technical،UAE_USA_GOLD_TRADERS

---📝 Description:Price has broken out of the descending trendline and is now retesting the breakout zone. A bullish reaction near the 3,285 support level indicates potential for a strong upside move. Entry is placed near the retest, with a tight stop loss and a high reward target around 3,360.This setup offers a great risk-to-reward ratio and aligns with classic breakout-retest price action.Technical Confluences:Breakout of descending trendlineRetest of horizontal support zoneBullish wick rejectionVolume spike confirmationAlways use proper risk management. This is not financial advice. 🔐trades active timehold for 4 hours

Source Message: TradingView
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