Technical analysis by EA_GOLD_MAN_COPY_TRADE about Symbol PAXG: Buy recommendation (8/10/2025)

The price is moving inside an upward (bullish) channel since the start of August. Consolidation is visible between 3,383.70 (support) and approximately 3,398 (resistance). The consolidation area is marked in blue, forming a potential accumulation zone before an upward continuation. 2. Trade Setup Entry Point: 3,384.46 (just above consolidation support, anticipating breakout). Stop Loss: 3,367.70 (below channel support and consolidation floor). Target Point: 3,465.78 (top of channel projection, aligning with previous swing high projection). 3. Risk-to-Reward Risk: ~16.76 points (3,384.46 - 3,367.70). Reward: ~81.32 points (3,465.78 - 3,384.46). R:R ratio ≈ 1:4.8 → favorable for long positions. 4. Technical View Breakout above the consolidation range could trigger strong bullish momentum. The upward channel supports a continuation trend toward the target zone. Caution: If price breaks below 3,367.70, bullish structure is invalidated, opening room for a deeper pullback. Summary: This is a bullish breakout setup with a clear entry, stop loss, and ambitious target, supported by an ascending channel. The trade favors buyers as long as the price stays above the 3,367.70 support.