š Trade Setup: $PAXG ā Pullback After Failed High
PAXG rejected the 4360ā4370 supply zone and is now pulling back toward EMA support. Unlike alts, structure remains neutral-to-bullish on 4H, favoring a buy-the-dip approach rather than shorting.
šŗ Long Entry: 4300ā4310 USDT (on reaction at EMA50 / BB mid)
šÆ Take-Profit Targets:
TP1: 4350 USDT ā Range high
TP2: 4400ā4420 USDT ā Previous breakout zone
š Stop-Loss: ā 4265 USDT (Below EMA100 + structure low)
š Risk:Reward: ~1:2+
ā ļø Risk Factors
Gold reacts strongly to USD & macro news
Breakdown below 4265 invalidates bullish bias
Watch DXY and US bond yields

