Technical analysis by TVS-Trader about Symbol PAXG on 8 hour ago

✍️ Gold Analysis – Price Action Perspective After clearing liquidity at its historical peak, gold prices quickly rebounded and entered a sideways consolidation phase. Currently, the market is "stuck" within a narrow range, indicating that both buyers and sellers are cautiously awaiting further confirmation signals. The 4310-4350 price range is acting as a crucial consolidation area, where large amounts of capital are likely preparing for a strong upward movement. In this context, the optimal strategy is not to predict the direction, but to patiently wait for a breakout from the structure to trade in the confirmed trend. 📊 Key Technical Points 🔹 Main Strategy: Wait for a clear breakout signal 🔹 BUY: When the price breaks and holds above 4350 → target 4400 🔹 SELL: When the price breaks below 4310 → target 4265 ⚠️ Risk Note: Be cautious of false breakout scenarios within the consolidation zone 👉 The market is "compressing" – when the range is broken, a strong move will soon appear. Patience at this time is the advantage for traders.