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Technical analysis by xEthan about Symbol PAXG: Buy recommendation (1/11/2024)

https://sahmeto.com/message/858455
xEthan
xEthan
Rank: 11447
1.5
Buy،Technical،xEthan

Buying Gold due to the failed close below 2016. I predicted 2012 last week, but to see this I'd anticipate good confirmation. This has not happened yet, CPI has dropped gold over 150 pips, now im expecting a clear push back to 2025+ area. Ive entered at 2016.54, targeting 2029.54 and my stop is set at 2013.54. Gives me a 1:4.33 R/R 1%RiskEntered at the low end of a 4Hr OB, which I'd like price to close above.Not to much more analysis here, kept it simple, still using nephew_sam_ FVG indictor so testing this on my funded account.80+ PIP currently holding to TP of 2034 nowTP1 hit 2029TP2 2034

Translated from: English
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Signal Type: Buy
Time Frame:
15 minutes
Price at Publish Time:
$2,001.88
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