Technical analysis by musclemilk0075 about Symbol PAXG on 8/6/2025

Hello traders. Taking a look at the spot gold 2 hour chart, we are coming up to an area of interest for me, which is marked on the chart. For now I am just watching the 2 hour, the 4 hour and the 30 minutes candles. We have the unemployment claims tomorrow here in the US, so today I am mostly observing, although I can see the potential quick scalp trade set ups for either direction. Let's see how things play out over the next hour or so. Big G gets my thanks. Be well and trade the trend. Just an FYI, I don't do a lot of technical analysis charts, using the Fib, or wave theory, etc. I day trade, so for me, the charts I put up are based on price action, what is happening at the time of the chart being posted. Things can change in a minute in the market, so analysis put on Tradingview are valid for only so long. Thanks so much. Be well and trade the trend.