Paxos Gold regained 50MA support and is pulling back to it, let's #Hedge for that possible way back up!
Current Price= 0.04257
Buy Entry= 0.04257 - 0.04159
Take Profit= 0.04488 | 0.04722 | 0.04956
Stop Loss= 0.03974
Risk/Reward= 1:1.2 | 1:2.2 | 1:3.2
Expected Profit= +6.65% | +12.22% | +17.78%
Possible Loss= -5.56%
Fib. Retracement= 0.441 | 0.618 | 0.786
Margin Leverage= 1x | 2x | 3x
Estimated Gain-time= 2 weeks
Tags: #PAXG #PAXGBTC #PaxGold #Paxos #Gold #XAU #PreciousMetal #DeFi #BSC #BC #SolEco
Website: paxos.com/paxgold
Contracts:
#ERC20 0x45804880de22913dafe09f4980848ece6ecbaf78
#BEP20 0x7950865a9140cb519342433146ed5b40c6f210f7
#BEP2 PAXG-9B2
#SPL C6oFsE8nXRDThzrMEQ5SxaNFGKoyyfWDDVPw37JKvPTe
Current Price= 0.04257
Buy Entry= 0.04257 - 0.04159
Take Profit= 0.04488 | 0.04722 | 0.04956
Stop Loss= 0.03974
Risk/Reward= 1:1.2 | 1:2.2 | 1:3.2
Expected Profit= +6.65% | +12.22% | +17.78%
Possible Loss= -5.56%
Fib. Retracement= 0.441 | 0.618 | 0.786
Margin Leverage= 1x | 2x | 3x
Estimated Gain-time= 2 weeks
Tags: #PAXG #PAXGBTC #PaxGold #Paxos #Gold #XAU #PreciousMetal #DeFi #BSC #BC #SolEco
Website: paxos.com/paxgold
Contracts:
#ERC20 0x45804880de22913dafe09f4980848ece6ecbaf78
#BEP20 0x7950865a9140cb519342433146ed5b40c6f210f7
#BEP2 PAXG-9B2
#SPL C6oFsE8nXRDThzrMEQ5SxaNFGKoyyfWDDVPw37JKvPTe
Trade active
All entries filledPaxos Gold is retesting the support and RSI already cooled down, a bounce back would make sense!
Trade closed: target reached
TP1 reached with +6.65% and +1.2R🎯Paxos Gold confirmed the breakout and went up retesting 200MA resistance, +19.95% using 3x in Margin.
Trade closed: target reached
TP2 reached with +12.22% and +2.2RPaxos Gold regained 200MA and continued the pump bringing up to +44.13% (3x)
It was definitely a great way to #Hedge against Bitcoin, SL updated to highest entry (0.04257)
Trade closed: target reached
TP3 reached with +17.78% and +3.2R🎯Paxos Gold followed the forecast so precisely with up to +55.38% (3x), trade is fully closed now!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.