Hello Community #Binance ! 👋
I share my recent trade with $PAXG , the crypto that follows gold 🥇. Right in the middle of the bullish rally!
As you can see in the chart:
🟢 Green arrows = Strategic entries.
🔴 Red arrows = Exits to secure profits.
I was lucky to analyze $PAXG during a key correction and entered at $2999. Then the price took off 🚀 and I managed the position, selling and buying back on smaller pullbacks.
Recently, I identified signals of a potentially deeper correction and decided to sell 90% of my position.
Mistake or success? Time will tell. For now, profits secured! 😉
We know that gold tends to be a safe haven in times of crisis, and that probably drove this movement.
In the long term, I am bullish, but I will wait for another opportunity to re-enter.
If you are interested in me going more in-depth about the nature of $PAXG (how it maintains parity with gold, etc.), I can share reports I prepared. Please comment below! 👇💬
My experience was positive with 0 losses! ✅
Happy trading to everyone!
This is just my experience, not financial advice.