#DanielNadem $PAXG Long Trade Setup:
– Price is at 4,399.97 after pulling back from the recent high around 4,577-4,598.
– It has corrected but still holding well above the rising longer-term moving averages.
– Key level to hold is 4,336.00 from the 24h low, staying above that keeps the overall uptrend intact.
– A break above 4,457 would unlock the next push toward 4,577 and then 4,598 again.
Risk Note:
– Momentum slowed on this drop, and a close below the MA(25) at 4,385 could open a deeper pullback.
Next Move:
– Watching for a bounce off 4,350-4,400 support or a retest of resistance near 4,420-4,457.