📊 Trade Setup: $PAXG – Compression Phase, Long Setup Near Support
PAXG is consolidating between 4,180–4,225 with tightening Bollinger Bands. Price is holding MA100 on the 4H and forming higher lows. MACD is flattening, suggesting accumulation before expansion.
🟢 Long Entry: 4,185–4,205 (support zone + BB bottom)
🎯 Take-Profit Targets:
TP1: 4,225 – Range high
TP2: 4,260 – 4H upper Bollinger Band
🛑 Stop-Loss: ❌ 4,165 (beneath last major swing low)
Risk:Reward ≈ 1:1.8 to 1:2
⚠️ Risk Factors
If gold market sentiment weakens sharply, PAXG may break support.
Very low volatility right now: invalidation requires patience.
