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paxg

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MK96_MT
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$PAXG 🚀 Why wait in line from early morning? Want to buy gold without going to the store or dealing with Forex? => Go to Binance to buy it directly and quickly. Spot pair pegged 1:1 to the gold price, trading like crypto but closely tied to physical gold. #paxg
$PAXG 🚀

Why wait in line from early morning? Want to buy gold without going to the store or dealing with Forex?

=> Go to Binance to buy it directly and quickly.

Spot pair pegged 1:1 to the gold price, trading like crypto but closely tied to physical gold. #paxg
PAX Gold (PAXG) is a tokenized gold asset where each token represents one troy ounce of physical gold held in secure vaults, combining blockchain accessibility with gold’s traditional safe-haven appeal. Its price closely tracks the physical gold market, and recent strength in gold prices has lifted PAXG, outperforming many pure crypto assets despite broader market weakness. On January 28, technical indicators showed overbought conditions after a strong rally, leading to short-term profit-taking and minor pullbacks. PAXG’s value remains supported by gold’s macro fundamentals—geopolitical tensions and central bank policies boosting demand—while trading volumes reflect persistent investor interest in tokenized real-world assets. Unlike typical volatile altcoins, PAXG’s volatility is lower due to its gold backing, making it appealing for risk-averse crypto holders seeking diversification. However, traders should note that prices can still fluctuate with short-term crypto market sentiment and gold price shifts. @Paxos $PAXG #PaxosTreasury {spot}(PAXGUSDT) #paxg
PAX Gold (PAXG) is a tokenized gold asset where each token represents one troy ounce of physical gold held in secure vaults, combining blockchain accessibility with gold’s traditional safe-haven appeal. Its price closely tracks the physical gold market, and recent strength in gold prices has lifted PAXG, outperforming many pure crypto assets despite broader market weakness. On January 28, technical indicators showed overbought conditions after a strong rally, leading to short-term profit-taking and minor pullbacks. PAXG’s value remains supported by gold’s macro fundamentals—geopolitical tensions and central bank policies boosting demand—while trading volumes reflect persistent investor interest in tokenized real-world assets. Unlike typical volatile altcoins, PAXG’s volatility is lower due to its gold backing, making it appealing for risk-averse crypto holders seeking diversification. However, traders should note that prices can still fluctuate with short-term crypto market sentiment and gold price shifts.

@Paxos $PAXG #PaxosTreasury
#paxg
🔥 $PAXG is about to BANKRUPT 287 Whales in the next 15 minutes! 💸 Data exposes 54.31M USDT in trapped Short positions bleeding at an entry of $4,888. 📈 Squeeze Mode: If price holds above $4,900, these shorts get liquidated pushing us to $5,100. 📉 Invalidation: If we lose the whale support at $4,880, we flush straight down to $4,600. 🚀 I am going LONG: Entry $4,925, Target $5,080, SL $4,850. 🤔 Are these bears crazy betting against Gold right now? 🛡️ DYOR $PAXG {future}(PAXGUSDT) #paxg
🔥 $PAXG is about to BANKRUPT 287 Whales in the next 15 minutes!
💸 Data exposes 54.31M USDT in trapped Short positions bleeding at an entry of $4,888.
📈 Squeeze Mode: If price holds above $4,900, these shorts get liquidated pushing us to $5,100.
📉 Invalidation: If we lose the whale support at $4,880, we flush straight down to $4,600.
🚀 I am going LONG: Entry $4,925, Target $5,080, SL $4,850.
🤔 Are these bears crazy betting against Gold right now?
🛡️ DYOR $PAXG
#paxg
PAXG đang bị bán như alt rác - Tài sản trú ẩn cũng có lúc bị xả.Cú rơi mạnh kéo dài cho thấy dòng tiền phòng thủ không còn ưu tiên PAXG. Giá đi xuống chậm, hồi yếu, volume không xác nhận hấp thụ. Đây là kiểu giảm khiến holder chủ quan vì tưởng an toàn. Thực tế PAXG vẫn bị kẹp thanh khoản và chịu áp lực bán đều. Khi market thiếu niềm tin, vàng onchain cũng không được tha. $PAXG #PAXG {future}(PAXGUSDT)

PAXG đang bị bán như alt rác - Tài sản trú ẩn cũng có lúc bị xả.

Cú rơi mạnh kéo dài cho thấy dòng tiền phòng thủ không còn ưu tiên PAXG. Giá đi xuống chậm, hồi yếu, volume không xác nhận hấp thụ. Đây là kiểu giảm khiến holder chủ quan vì tưởng an toàn. Thực tế PAXG vẫn bị kẹp thanh khoản và chịu áp lực bán đều. Khi market thiếu niềm tin, vàng onchain cũng không được tha.

$PAXG #PAXG
Bia cỏ:
coin này ưu điểm gì mà giá cao vậy các pro?
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Bullish
$PAXG is falling and the structure is broken, not due to temporary panic. 1. Price has broken EMA 99. This is the line that has always bounced back when touched. This time it broke straight through, proving that the buyers have let go. When the support breaks, the market won't recover immediately; it still needs to find a new bottom. 2. Overbought RSI does not mean it will rise soon. In a downtrend, the lower the RSI, the more it shows no one dares to enter large orders. If there really was price support, it wouldn't have dropped so quickly. 3. A sharp decrease in OI is a sign that longs have been wiped out. After the sweep, the market often goes a bit further to pressure those who still have last hopes. Big players are increasing short positions, with prices around 5.05x. They are not entering to make a few dozen dollars and then run. They trade according to the trend. Do you still want to catch the bottom? You can, but you should only enter small to test. For those who are short, hold on. The capital flow is still pushing down. Just follow it #paxg
$PAXG is falling and the structure is broken, not due to temporary panic.

1. Price has broken EMA 99. This is the line that has always bounced back when touched. This time it broke straight through, proving that the buyers have let go. When the support breaks, the market won't recover immediately; it still needs to find a new bottom.

2. Overbought RSI does not mean it will rise soon. In a downtrend, the lower the RSI, the more it shows no one dares to enter large orders. If there really was price support, it wouldn't have dropped so quickly.

3. A sharp decrease in OI is a sign that longs have been wiped out. After the sweep, the market often goes a bit further to pressure those who still have last hopes.

Big players are increasing short positions, with prices around 5.05x. They are not entering to make a few dozen dollars and then run. They trade according to the trend.

Do you still want to catch the bottom?
You can, but you should only enter small to test.

For those who are short, hold on. The capital flow is still pushing down. Just follow it #paxg
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Chuối bự -1:
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🚨 PAXG CRASH CONFIRMED! STRUCTURE BROKEN! 🚨 The floor has fallen out from under $PAXG. The EMA 99 defense line got vaporized. Buyers have completely capitulated. • RSI oversold means NOTHING in a strong downtrend. • Massive OI drop signals aggressive long liquidations. Whales are loading shorts heavily around 5.05x. They are not playing small games; they are riding the full trend. Do not try to catch this falling knife unless it is a tiny scalp. If you are short, hold tight and let gravity do the work. Entry: 5.05x 📉 Target: Stop Loss: #PAXG #CryptoTrading #BearMarket #ShortSqueeze 📉 {future}(PAXGUSDT)
🚨 PAXG CRASH CONFIRMED! STRUCTURE BROKEN! 🚨

The floor has fallen out from under $PAXG. The EMA 99 defense line got vaporized. Buyers have completely capitulated.

• RSI oversold means NOTHING in a strong downtrend.
• Massive OI drop signals aggressive long liquidations.

Whales are loading shorts heavily around 5.05x. They are not playing small games; they are riding the full trend. Do not try to catch this falling knife unless it is a tiny scalp. If you are short, hold tight and let gravity do the work.

Entry: 5.05x 📉
Target:
Stop Loss:

#PAXG #CryptoTrading #BearMarket #ShortSqueeze 📉
Alfercla2002:
Va a seguir bajando al menos hasta los 4500
🚨 $PAXG DISTRIBUTION ALERT! THE SMELL OF DUMPING IS STRONG 🚨 This massive 6%+ spike is NOT strength, it's overbought insanity. RSI over 86 means we are cooked. These pumps NEVER end sideways—they end in a waterfall dump. Smart money is exiting NOW while volume is high but price action is stalling. The late buyers are about to get rekt. Entry: 5.600 📉 Target: 5.400 🚀 Trend strength means nothing when the top is clearly visible. Prepare for the cascade. #PAXG #CryptoTrading #ShortSetup #AlphaCall 🛑 {future}(PAXGUSDT)
🚨 $PAXG DISTRIBUTION ALERT! THE SMELL OF DUMPING IS STRONG 🚨

This massive 6%+ spike is NOT strength, it's overbought insanity. RSI over 86 means we are cooked. These pumps NEVER end sideways—they end in a waterfall dump.

Smart money is exiting NOW while volume is high but price action is stalling. The late buyers are about to get rekt.

Entry: 5.600 📉
Target: 5.400 🚀

Trend strength means nothing when the top is clearly visible. Prepare for the cascade.

#PAXG #CryptoTrading #ShortSetup #AlphaCall 🛑
🚨 WHALE ALERT: GOLD MOVE SPOTTED 🚨 Massive $1.3M long accumulation in $PAXG just hit the tape. They are betting heavy on gold right now. This signals serious bullish sentiment incoming. Entry: 4836 📉 Time to follow the smart money into precious metals. Don't fade this whale action. #Gold #PAXG #WhaleWatching #CryptoTrading 🤑 {future}(PAXGUSDT)
🚨 WHALE ALERT: GOLD MOVE SPOTTED 🚨

Massive $1.3M long accumulation in $PAXG just hit the tape. They are betting heavy on gold right now. This signals serious bullish sentiment incoming.

Entry: 4836 📉

Time to follow the smart money into precious metals. Don't fade this whale action.

#Gold #PAXG #WhaleWatching #CryptoTrading 🤑
🚨 $PAXG DISTRIBUTION CONFIRMED! 🚨 22% GAINS IN ONE MONTH IS UNSUSTAINABLE. This pump is cooked. Entry: [No Entry Found] 📉 Target: 5.270 🚀 Stop Loss: 5.400 🛑 We saw repeated rejections at 5.5xx. That is distribution, not accumulation. MACD is negative, capital is exiting. Whales who bought at 4.6k are taking massive profits now. No rate cuts means gold loses its short-term safe-haven appeal. Losing 5.400 confirms structural failure. Short positions opened this morning must be held. #PAXG #CryptoTrading #ShortSqueeze #AlphaCall 📉 {future}(PAXGUSDT)
🚨 $PAXG DISTRIBUTION CONFIRMED! 🚨

22% GAINS IN ONE MONTH IS UNSUSTAINABLE. This pump is cooked.

Entry: [No Entry Found] 📉
Target: 5.270 🚀
Stop Loss: 5.400 🛑

We saw repeated rejections at 5.5xx. That is distribution, not accumulation. MACD is negative, capital is exiting. Whales who bought at 4.6k are taking massive profits now. No rate cuts means gold loses its short-term safe-haven appeal. Losing 5.400 confirms structural failure. Short positions opened this morning must be held.

#PAXG #CryptoTrading #ShortSqueeze #AlphaCall 📉
🚨 $PAXG DISTRIBUTION CONFIRMED! 🚨 $PAXG just finished a massive 22% pump in one month. Too fast. This is NOT accumulation, this is heavy distribution. The price keeps hitting the 5.5xx zone and getting hammered down immediately. MACD is negative, money is pulling out. The sharks who went long at 4.6k are taking massive profits now. If $5.400 breaks, the structure is gone. Next stop is 5.270 and lower. This drop has logic. Keep holding your shorts from this morning. Do not close your sell orders yet. #PAXG #CryptoTrading #ShortSignal #Distribution #Alpha 📉 {future}(PAXGUSDT)
🚨 $PAXG DISTRIBUTION CONFIRMED! 🚨

$PAXG just finished a massive 22% pump in one month. Too fast. This is NOT accumulation, this is heavy distribution.

The price keeps hitting the 5.5xx zone and getting hammered down immediately. MACD is negative, money is pulling out. The sharks who went long at 4.6k are taking massive profits now.

If $5.400 breaks, the structure is gone. Next stop is 5.270 and lower. This drop has logic. Keep holding your shorts from this morning. Do not close your sell orders yet.

#PAXG #CryptoTrading #ShortSignal #Distribution #Alpha 📉
$PAXG and $XAG Here are the main reasons gold and silver prices are decreasing in Pakistan, explained simply 👇 📉 1. Strengthening of Pakistani Rupee (PKR) Gold and silver in Pakistan are priced using international rates + USD/PKR. When the rupee strengthens against the dollar, local metal prices fall—even if global prices stay stable. 🌍 2. Decline in International Gold & Silver Prices Global prices drop due to: Strong US dollar Expectations of higher or prolonged US interest rates Investors shifting money from safe-haven assets (gold/silver) to equities or bonds 💵 3. High Interest Rates When interest rates remain high (globally and locally), investors prefer fixed-income assets over non-yielding assets like gold and silver, reducing demand. 🛢️ 4. Lower Inflation Fears If inflation expectations cool down, the need to hedge with gold and silver decreases, pushing prices lower. 🏦 5. Reduced Local Demand In Pakistan: Weak buying from jewelers Less wedding-season demand Lower investor interest All contribute to downward pressure. In short: 📌 Strong PKR + weak global prices + high interest rates = falling gold & silver prices in Pakistan. {spot}(PAXGUSDT) #paxg #xag #pricedecrease
$PAXG and $XAG Here are the main reasons gold and silver prices are decreasing in Pakistan, explained simply 👇

📉 1. Strengthening of Pakistani Rupee (PKR)

Gold and silver in Pakistan are priced using international rates + USD/PKR. When the rupee strengthens against the dollar, local metal prices fall—even if global prices stay stable.

🌍 2. Decline in International Gold & Silver Prices

Global prices drop due to:

Strong US dollar

Expectations of higher or prolonged US interest rates

Investors shifting money from safe-haven assets (gold/silver) to equities or bonds

💵 3. High Interest Rates

When interest rates remain high (globally and locally), investors prefer fixed-income assets over non-yielding assets like gold and silver, reducing demand.

🛢️ 4. Lower Inflation Fears

If inflation expectations cool down, the need to hedge with gold and silver decreases, pushing prices lower.

🏦 5. Reduced Local Demand

In Pakistan:

Weak buying from jewelers

Less wedding-season demand

Lower investor interest
All contribute to downward pressure.

In short:
📌 Strong PKR + weak global prices + high interest rates = falling gold & silver prices in Pakistan.

#paxg #xag #pricedecrease
ishaquebaloch:
visited IshaqueBaloch Binancian
Gold and silver markets are experiencing high volatility amid sharp recent corrections following historic rallies. Gold’s spot price is trading around $4,887 per troy ounce, down roughly 9% from the prior day after a strong run earlier this year, though still significantly above last year’s levels. Silver is also lower, trading near $85 per troy ounce, marking a steep pullback after earlier spikes in price. Both metals have seen dramatic swings as investors reacted to macroeconomic shifts, including expectations around interest rates, safe-haven demand, and broader market sentiment. Despite the recent decline, gold and silver remain elevated compared with longer-term averages, reflecting ongoing uncertainty in global financial markets. $XAU $XAG $PAXG #XAU #PAXG {future}(XAUUSDT)
Gold and silver markets are experiencing high volatility amid sharp recent corrections following historic rallies. Gold’s spot price is trading around $4,887 per troy ounce, down roughly 9% from the prior day after a strong run earlier this year, though still significantly above last year’s levels. Silver is also lower, trading near $85 per troy ounce, marking a steep pullback after earlier spikes in price. Both metals have seen dramatic swings as investors reacted to macroeconomic shifts, including expectations around interest rates, safe-haven demand, and broader market sentiment. Despite the recent decline, gold and silver remain elevated compared with longer-term averages, reflecting ongoing uncertainty in global financial markets.
$XAU
$XAG
$PAXG
#XAU
#PAXG
GOLD EXPLODES. WHALE JUST DUMPED $1.3M.Entry: 4836 🟩 Target 1: 4900 🎯 Stop Loss: 4800 🛑 This is NOT a drill. A massive $1.3M whale buy just hit $PAXG. The market is reacting INSTANTLY. This is your window. Don't get left behind. Massive upside incoming. Secure your gains NOW. Disclaimer: Trading is risky. #PAXG #Gold #CryptoTrading #FOMO 🚀 {future}(PAXGUSDT)
GOLD EXPLODES. WHALE JUST DUMPED $1.3M.Entry: 4836 🟩
Target 1: 4900 🎯
Stop Loss: 4800 🛑

This is NOT a drill. A massive $1.3M whale buy just hit $PAXG. The market is reacting INSTANTLY. This is your window. Don't get left behind. Massive upside incoming. Secure your gains NOW.

Disclaimer: Trading is risky.

#PAXG #Gold #CryptoTrading #FOMO 🚀
🚨 $PAXG ALERT: BASE FORMING AFTER DEEP FLUSH! 🚨 $PAXG corrected hard from 5,630 down to the critical 4,750 demand zone and it HELD. We are now building a base near 4,950–5,000. This is a reset, not a trend break. Entry: 4,900 – 4,980 📉 Stop Loss: 4,700 🛑 Target: 5,150 - 5,350 - 5,600 🚀 Hold 4,850 for continuation. Wait for the base to mature before sizing in heavy. Slow and clean gains incoming. #PAXG #GoldCrypto #TradeSetup #AlphaCall 🪙 {future}(PAXGUSDT)
🚨 $PAXG ALERT: BASE FORMING AFTER DEEP FLUSH! 🚨

$PAXG corrected hard from 5,630 down to the critical 4,750 demand zone and it HELD. We are now building a base near 4,950–5,000. This is a reset, not a trend break.

Entry: 4,900 – 4,980 📉
Stop Loss: 4,700 🛑
Target: 5,150 - 5,350 - 5,600 🚀

Hold 4,850 for continuation. Wait for the base to mature before sizing in heavy. Slow and clean gains incoming.

#PAXG #GoldCrypto #TradeSetup #AlphaCall 🪙
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Bearish
$PAXG – Short Setup Alert! “Gold loses its shine — sellers pressing hard at resistance! 🩸🥇📉” $PAXG faced a strong rejection from the $4,920–$4,950 zone and is now trading under sustained selling pressure. On the 1H chart, price continues to print lower highs and lower lows, with bearish momentum building as it trades near the day’s low. 💰 SHORT Entry Zone: $4,820 – $4,860 🛑 Stop Loss: $4,940 🎯 Targets: • TP1: $4,780 • TP2: $4,720 • TP3: $4,650 ⚡ Trade Notes: Bias remains bearish below $4,880. A clean break under $4,800 could accelerate the drop toward the $4,720–$4,650 support zone. Trade the structure, manage risk first Trade $PAXG {future}(PAXGUSDT) #PAXGUSDT #PAXG #bearsih
$PAXG – Short Setup Alert!
“Gold loses its shine — sellers pressing hard at resistance! 🩸🥇📉”
$PAXG faced a strong rejection from the $4,920–$4,950 zone and is now trading under sustained selling pressure. On the 1H chart, price continues to print lower highs and lower lows, with bearish momentum building as it trades near the day’s low.
💰 SHORT Entry Zone: $4,820 – $4,860
🛑 Stop Loss: $4,940
🎯 Targets:
• TP1: $4,780
• TP2: $4,720
• TP3: $4,650
⚡ Trade Notes: Bias remains bearish below $4,880. A clean break under $4,800 could accelerate the drop toward the $4,720–$4,650 support zone. Trade the structure, manage risk first
Trade $PAXG
#PAXGUSDT #PAXG #bearsih
$PAXG CRASH IMMINENT! STRUCTURE BROKEN. Entry: Around 5.05x 📉 Stop Loss: EMA 99 support is GONE. Buyers capitulated. This drop is serious, no quick bounce coming. RSI oversold means nothing in a freefall—it signals zero buying conviction. OI collapse confirms long liquidations are DONE, but the real move follows the purge. Whales are shorting hard. They are not looking for small gains. If you must buy, keep it tiny. If you are short, HODL the position. Money flow is aggressively downward. #PAXG #CryptoTrading #BearMarket #ShortSqueeze 🛑 {future}(PAXGUSDT)
$PAXG CRASH IMMINENT! STRUCTURE BROKEN.

Entry: Around 5.05x 📉
Stop Loss:

EMA 99 support is GONE. Buyers capitulated. This drop is serious, no quick bounce coming. RSI oversold means nothing in a freefall—it signals zero buying conviction. OI collapse confirms long liquidations are DONE, but the real move follows the purge.

Whales are shorting hard. They are not looking for small gains. If you must buy, keep it tiny. If you are short, HODL the position. Money flow is aggressively downward.

#PAXG #CryptoTrading #BearMarket #ShortSqueeze 🛑
🟡 Dubai Gold Price Update – February 1, 2026 📍 Dubai, UAE 💰 Today’s Gold Prices (per gram | AED) 🔸 24K (Pure Gold): ~AED 590 – 596 🔸 22K: ~AED 545 – 552 🔸 21K: ~AED 523 – 527 🔸 18K: ~AED 448 – 452 (Prices may vary slightly by jeweler due to making charges) 📊 Market Overview • Dubai gold recently hit record highs above AED 630/g in late January • Prices have pulled back slightly due to profit-taking • Gold remains near historic highs despite short-term volatility 🌍 Why Gold Is Moving ✅ Strong global safe-haven demand ✅ Ongoing geopolitical & economic uncertainty ✅ Central bank gold buying ❗ Short-term corrections from investor profit-booking 🧠 Investor Note 📌 Gold in Dubai follows global spot prices 📌 Best for long-term hedge despite short-term swings 📌 Always check daily rates before buying or selling 📣 Quick Summary 📈 Trend: Bullish (with short-term correction) 🪙 Status: Still near all-time highs 📆 Date: 1 February 2026 #dubai #PAXG
🟡 Dubai Gold Price Update – February 1, 2026
📍 Dubai, UAE
💰 Today’s Gold Prices (per gram | AED)
🔸 24K (Pure Gold): ~AED 590 – 596
🔸 22K: ~AED 545 – 552
🔸 21K: ~AED 523 – 527
🔸 18K: ~AED 448 – 452
(Prices may vary slightly by jeweler due to making charges)
📊 Market Overview
• Dubai gold recently hit record highs above AED 630/g in late January
• Prices have pulled back slightly due to profit-taking
• Gold remains near historic highs despite short-term volatility
🌍 Why Gold Is Moving
✅ Strong global safe-haven demand
✅ Ongoing geopolitical & economic uncertainty
✅ Central bank gold buying
❗ Short-term corrections from investor profit-booking
🧠 Investor Note
📌 Gold in Dubai follows global spot prices
📌 Best for long-term hedge despite short-term swings
📌 Always check daily rates before buying or selling
📣 Quick Summary
📈 Trend: Bullish (with short-term correction)
🪙 Status: Still near all-time highs
📆 Date: 1 February 2026 #dubai #PAXG
Shenzhen Gold Platform JWR Collapses: $19B Frozen – FTX-Sized Scandal Hits China Amid Gold RallyThe collapse of a major Chinese gold trading platform has sent shockwaves through the investment community, with reports of frozen assets affecting thousands of retail investors nationwide. The platform, identified in various sources as Jie Wo Rui (also referred to as Jiewo Rui or JWR), based in Shenzhen, has halted withdrawals, leaving users unable to access their funds or retrieve physical gold holdings. Social media alerts circulating widely describe the frozen amount as high as $19 billion, with the platform offering only 20% compensation based on initial capital invested. The owner has reportedly requested more time to resolve the issue, claiming to have been "set up" or "trapped" in the situation. Protests erupted outside the company's offices in Shenzhen, with videos showing crowds clashing with police. Investors have accused authorities of protecting the platform, alleging that Shenzhen police in the Luohu district are refusing to accept formal complaints, even though deposits came from across China. Official and media reports paint a more measured picture. Reliable outlets like the South China Morning Post (SCMP) and Yicai estimate unpaid funds at over 10 billion yuan (approximately $1.4 billion USD), with some investor compilations suggesting figures could exceed that but not reaching the $19 billion mark cited in viral posts. The crisis appears tied to China's ongoing "gold fever," fueled by surging global gold prices in recent months. Many investors used the platform for leveraged trades—locking in future gold delivery with margins as low as 1/40th of the spot price (effectively 40x leverage)—which amplified risks when prices rallied and withdrawal demands surged simultaneously. This exposed severe liquidity issues: the platform struggled to meet redemptions, leading to a capital chain breakdown. Authorities in Shenzhen's Luohu district have established a special task force to investigate abnormal operations and oversee the situation, including potential asset tracing and recovery efforts. Comparisons to the FTX collapse have proliferated online due to the scale, frozen funds, limited compensation offers, and investor outrage. However, verified reports indicate a significantly smaller scope than $19 billion—closer to $1.4–1.8 billion USD—though the impact remains devastating for tens of thousands of affected retail participants. The incident highlights broader risks in China's unregulated or lightly regulated private precious metals trading sector, especially amid high leverage and speculative frenzy. Investors are advised to exercise extreme caution with similar platforms, verify regulatory status, and prioritize established, transparent exchanges. Developments are ongoing, with the task force's findings potentially clarifying the full extent of losses and any recovery prospects. Further updates from official channels or credible media will be key. #Gold #XAU #PAXG #ChinaGold #GoldTrading #Shenzhen #JWR #JieWoRui #CryptoScam #FTX #FrozenAssets #PreciousMetals #GoldRally #Finance #Investing

Shenzhen Gold Platform JWR Collapses: $19B Frozen – FTX-Sized Scandal Hits China Amid Gold Rally

The collapse of a major Chinese gold trading platform has sent shockwaves through the investment community, with reports of frozen assets affecting thousands of retail investors nationwide.
The platform, identified in various sources as Jie Wo Rui (also referred to as Jiewo Rui or JWR), based in Shenzhen, has halted withdrawals, leaving users unable to access their funds or retrieve physical gold holdings. Social media alerts circulating widely describe the frozen amount as high as $19 billion, with the platform offering only 20% compensation based on initial capital invested. The owner has reportedly requested more time to resolve the issue, claiming to have been "set up" or "trapped" in the situation.
Protests erupted outside the company's offices in Shenzhen, with videos showing crowds clashing with police. Investors have accused authorities of protecting the platform, alleging that Shenzhen police in the Luohu district are refusing to accept formal complaints, even though deposits came from across China.
Official and media reports paint a more measured picture. Reliable outlets like the South China Morning Post (SCMP) and Yicai estimate unpaid funds at over 10 billion yuan (approximately $1.4 billion USD), with some investor compilations suggesting figures could exceed that but not reaching the $19 billion mark cited in viral posts. The crisis appears tied to China's ongoing "gold fever," fueled by surging global gold prices in recent months. Many investors used the platform for leveraged trades—locking in future gold delivery with margins as low as 1/40th of the spot price (effectively 40x leverage)—which amplified risks when prices rallied and withdrawal demands surged simultaneously.
This exposed severe liquidity issues: the platform struggled to meet redemptions, leading to a capital chain breakdown. Authorities in Shenzhen's Luohu district have established a special task force to investigate abnormal operations and oversee the situation, including potential asset tracing and recovery efforts.
Comparisons to the FTX collapse have proliferated online due to the scale, frozen funds, limited compensation offers, and investor outrage. However, verified reports indicate a significantly smaller scope than $19 billion—closer to $1.4–1.8 billion USD—though the impact remains devastating for tens of thousands of affected retail participants.
The incident highlights broader risks in China's unregulated or lightly regulated private precious metals trading sector, especially amid high leverage and speculative frenzy. Investors are advised to exercise extreme caution with similar platforms, verify regulatory status, and prioritize established, transparent exchanges.
Developments are ongoing, with the task force's findings potentially clarifying the full extent of losses and any recovery prospects. Further updates from official channels or credible media will be key.
#Gold #XAU #PAXG #ChinaGold #GoldTrading #Shenzhen #JWR #JieWoRui #CryptoScam #FTX #FrozenAssets #PreciousMetals #GoldRally #Finance #Investing
📉 $PAXG / USDT — Bearish Alert $PAXG $4,920–$4,950 has been rejected and selling pressure is strong 👀 Lower highs & lower lows are forming on the 1H chart, momentum is bearish 🐻 🔻 Price remains below $4,880 to keep the downtrend intact 🔻 Break $4,800 = downside accelerates, next support $4,720–$4,650 Trend still favors bearish until a strong reclaim occurs ⚠️ $PAXG {spot}(PAXGUSDT) #PAXG
📉 $PAXG / USDT — Bearish Alert
$PAXG $4,920–$4,950 has been rejected and selling pressure is strong 👀
Lower highs & lower lows are forming on the 1H chart, momentum is bearish 🐻
🔻 Price remains below $4,880 to keep the downtrend intact
🔻 Break $4,800 = downside accelerates, next support $4,720–$4,650
Trend still favors bearish until a strong reclaim occurs ⚠️
$PAXG
#PAXG
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