Technical analysis by EA_GOLD_MAN_COPY_TRADE about Symbol PAXG: Buy recommendation (8/28/2025)

Entry Point: Around 3,400.34 Price has tested this area as resistance. Stop Loss: 3,414.59 (100 pips above entry). Protects against a false breakout to the upside. Target (Take Profit): 3,309.45 (about 1,200 pips below entry). Aligns with previous support and lower channel boundary. 🔹 Technical Outlook Price recently broke down from a descending channel (marked in blue). Current action shows a retest of resistance near 3,400, signaling potential continuation of the downtrend. Risk-to-reward ratio is excellent: Risk: 100 pips Reward: 1,200 pips R/R ≈ 1:12 🔹 Possible Scenarios 🔽 Bearish Case (main scenario): If the price holds below 3,400, sellers may drive it down towards 3,309. 🔼 Bullish Case (invalid setup): A clear break above 3,414 would cancel the bearish bias and open the way for further upside. ✅ Trading Plan Summary: Sell near: 3,400.34 Stop Loss: 3,414.59 Take Profit: 3,309.45