Technical analysis by EA_GOLD_MAN_COPY_TRADE about Symbol PAXG: Buy recommendation (8/7/2025)

Trade Setup Entry Point: 3,370.33 Stop Loss: 3,358.02 Take Profit Target: 3,473.67 📈 Price Action Insight Price has recently broken out of a consolidation zone (marked in blue). A bullish breakout occurred above the resistance zone (~3,370 area), now acting as support. The current price is 3,377.77, already slightly above the entry, suggesting an active long position. 🧠 Trade Logic Risk-Reward Ratio (RRR): Risk: ~12.31 points (3,370.33 - 3,358.02) Reward: ~103.34 points (3,473.67 - 3,370.33) RRR ≈ 8.4, which is excellent from a trading standpoint. Price Target Projection: Target is based on the previous swing high, acting as a resistance zone. Volume and price behavior near this level should be monitored closely. ⚠️ Key Support & Resistance Support Zone: 3,358.00 – 3,371.00 (highlighted in blue) Resistance Zone: ~3,473.00 – 3,480.00 (take profit area) ✅ Bias: Bullish Trend: Short-term bullish momentum Confirmation: Breakout above key resistance + strong RRR Suggests continuation to upside unless a breakdown below 3,358 occurs.