Technical analysis by lybeedo about Symbol PAXG on 6/29/2025

📆 Today is Sunday, June 29, 2025 📌 Upcoming Gold Signal Dates: • July 2, 2025 (Wednesday) — Single-candle setup • July 2–3, 2025 (Wednesday–Thursday) — Two-candle combined range 🧠 Trading Plan & Notes ✅ Gold recently experienced a sharp bearish reversal of ~2000 pips, dropping from the recent high at 3451 to 3251, after failing to hold above the key psychological support at 3300. ✅ I will personally be trading both the July 2 and July 2–3 signals as part of my live research and development strategy. ⚠️ If you’re feeling cautious or risk-averse, it's perfectly reasonable to skip the July 2 single-candle setup and focus instead on the 2-day range (July 2–3) for greater confirmation. 📋 Execution Plan 🔹 Wait for the Hi-Lo range to fully form based on the selected candle(s): • Ranges will be initially marked with purple lines on the chart. • After the market closes, I’ll update the chart with 60-pip buffer zones, Fibonacci levels, and other supporting indicators. 🔹 Entry Trigger Rule: • A trade is executed only when price breaks out beyond the defined range plus a 60-pip buffer. 🔹 Risk Management – Recovery Strategy: • If Stop Loss (SL) is hit, we will cut/switch the position and double the size on the next valid breakout setup to potentially recover the loss. 📉📈 Chart Reference 🔗 Copy & paste this into your TradingView URL: TV/x/zKeXpt67/📆 Market Update: Signal Timeline – Gold (July 2, 2025) 📍 Hi-Lo Ranges (with 60-pip buffer): • Single-candle setup: 3321 – 3366 • Two-candle range: 3305 – 3372 ✅ Overview: Both the single-candle and two-candle setups successfully triggered a clean bearish breakout, reaching as low as 3282. 📊 Fibonacci Re-Entry Insight: The 50% and 61.8% retracement zones near 3345 provided ideal re-entry points, allowing traders to capture additional profit on the retracement. 💡 Key Notes: ✔️ Both setups performed effectively when paired with proper risk management and cut/switch execution. ✔️ The two-candle range offered a clearer breakout, while the single-candle setup required a more tactical response. 🔁 I also used the July 9 candle’s high/low as a confirmation signal, although it was not published publicly. The signal confirmed a bullish reversal, leading me to close remaining short positions and initiate a long entry from the 3316 level (or 3322 with buffer). 📉📈 Chart Reference: 🔗 Copy & paste this into TradingView: TV/x/LCbRa8Pf/ Stay sharp, follow the plan, and manage risk wisely. 📊💰