Technical analysis by MALBERT3468 about Symbol PAXG: Buy recommendation (7/2/2025)
MALBERT3468

May be consolidation Market goes to high1. Support Area:Around $3,298 - $3,310Price has previously bounced from this zone, confirming it as strong demand/support.2. Resistance Zone:Around $3,355 - $3,360Trade SetupEntry: ~$3,356 (already near current price)Stop Loss: ~$3,336Target: ~$3,400V-Shaped Recovery: A sharp bullish reversal from the support zone around June 29.Breakout & Retest: Price has broken the resistance zone and now possibly retesting it as support before continuing upward.Outlook & Considerations✅ Bullish Bias Justification:Price broke resistance and is now in a higher-high, higher-low pattern.Supertrend supports upside.Support held firm during the previous downtrend.⚠ Risks:If price falls below $3,336 (stop loss area), it could invalidate the bullish setup.Conclusion:This chart shows a bullish breakout and continuation setup with a favorable risk-to-reward ratio. A long position from around $3,356 aiming for $3,400 with a stop at $3,336 is technically sound based on current data.our half target hit succesfully around 100+PIPS in profit . hold the trades .Sorry guys Stop Loss hit my target but first 100+PIPS is in profit then Stop