📊 Trade Setup: $PAXG – Potential Short After Rejection

PAXG failed to hold above the EMA50–100 zone and is showing bearish momentum on both 1H & 4H. Structure favors a short on weak bounce into resistance.

🔻 Short Entry: 4,380 – 4,400 USDT (on rejection from EMA cluster / BB mid)

🎯 Take-Profit Targets:

TP1: 4,330 USDT – Recent support

TP2: 4,280 USDT – Lower Bollinger Band (4H)

🛑 Stop-Loss: ❌ 4,430 USDT – Above EMA100 & failed breakdown zone

Risk:Reward: ~1:2+

⚠️ Risk Factors

Gold can spike on macro news.

Strong USD weakness may invalidate short.

If price reclaims 4,430, bias flips neutral/bullish.

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