$PAXG GOLD-BACKED BULLISH BREAKOUT 🔱 | TECHNICAL ANALYSIS
PAXG is showing solid upward momentum, trading at $3,345.61 with a +1.20% gain. Price action is approaching key resistance with strong bullish sentiment. 📈✨
🔹 Key Levels:
Resistance: $3,350.00 🔼 | $3,375.00 🔼
Support: $3,320.00 🟢 | $3,284.80 🛡️
Current Price: $3,345.61
🔸 LONG TRADE SETUP:
Entry: $3,340 – $3,350
Targets:
🎯 TP1: $3,375
🎯 TP2: $3,400
🎯 TP3: $3,450
Stop Loss: $3,300 ❌
📊 Chart Outlook:
PAXG is maintaining higher lows and pushing toward breakout levels. A close above $3,350 could trigger further bullish acceleration toward $3,400+.
⚠️ Risk Management:
Risk 1%–2% per trade due to high price volatility. Use strict SL and secure profits progressively. Gold-backed assets reward patience and precision! 🛡️📊