$PAXG

PAXG

4,348.81

+3.18%

🟡 GOLD (PAXG/USD) - 1H Analysis

Current Market Snapshot:

· Price: 4,016

· RSI (14): 34.95 (Bearish, approaching oversold)

· Trend: Bearish, trading below both 50 & 200-period MAs.

Key Technical Levels:

· Resistance: 4,087 | 4,110

· Pivot: 4,060

· Support: 3,985 | 3,968 | 3,930

Trading Plan:

🔻 BEARISH SCENARIO (Preferred)

· Trigger: A break and hold below 4,000.

· Stop Loss: 4,035

· Take Profit Targets: 3,985 → 3,968 → 3,930

🟢 BULLISH SCENARIO (Counter-Trend)

· Trigger: Sustained move above the 4,060 pivot.

· Stop Loss: 4,025

· Take Profit Targets: 4,087 → 4,110