Technical analysis by TVS-Trader about Symbol PAXG on 14 hour ago

✍️ Gold Analysis - Price Action Perspective After declining liquidity at its historical peak, gold prices quickly rebounded and entered a phase of sideways volatility. Currently, the market is holding within a narrow range, indicating that buyers and sellers alike are cautiously awaiting additional confirmation signals. The 4310-4350 price range represents a crucial volatility zone, where huge capitals are likely to prepare for a strong upward movement. In this context, the optimal strategy is not to predict the trend, but rather to wait for a breakout of the price range to trade in the confirmed trend. 📊 The most important technical points 🔹 Main strategy: Waiting for a clear breakout signal 🔹 Buying: When the price penetrates the 4350 level and stabilizes above it, the target is 4400 🔹Selling: When the price falls below the level of 4310, the target is 4265 ⚠️ Risk alert: Be careful of false breakout scenarios within the volatility zone 👉 The market is in a “squeezing” state - when the price range is broken, a strong movement will soon appear. Patience at this stage is the key to success for traders.