Technical analysis by paulsmith007 about Symbol PAXG on 8/26/2025

BrotherGold Alliance - Trading Plan — August 26, 2028 — ——— 🔹 Market Structure - Current overall trend: Bullish. Price has broken the descending trendline and is now forming a Higher High – Higher Low structure. - After a strong rebound from the Demand area ~3350, price has broken out of the 3370 resistance zone and is currently retesting. - Market structure favors continuation to the upside as long as 3350 holds. ——— 🔹 Key Price Levels - Demand area (H4): 3350 – 3360 → critical support. - Supply/Resistance H1: 3375 – 3385 → current testing zone. - Breakout level: 3385 → a confirmed break above this level signals further bullish momentum. - Target zones: Short-term: 3400 – 3410 Medium-term: 3430 – 3450 ——— 🔹 Trading Scenarios ✅ Scenario 1: Buy with the trend (primary setup) Entry: look for pullback to 3370 – 3375 (or a deeper test towards 3360). TP1: 3385 (previous high). TP2: 3405 – 3410 (extended target). 👉 This is the higher probability setup aligned with the main trend. ⚠️ Scenario 2: Short-term Sell (failed breakout case) Entry: if price shows strong rejection at 3385 and fails to close above. TP: back to 3370 – 3360. 👉 Counter-trend setup, for short-term trading only. 📌 Conclusion - Market is currently in a breakout confirmation phase. - Primary bias: Buy on pullbacks (3370 – 3360) targeting 3400+. - Consider Sell only if 3385 breakout fails. - Risk management: minimum risk/reward ratio of 1:2.