$PAXG ⚡ Trade of the Day: Taking Advantage of the "Dip" in PAX Gold (PAXG)
The market has just given us a technical gift. After gold reached its all-time high of US$ 5,600, PAXG corrected and is now orbiting the crucial support zone of US$ 5,000. With the "political chaos" in the USA and resilient inflation, the demand for on-chain protection has never been higher.
The Strategy:
Entry (Buy): Enter in the range of US$ 4,980 to US$ 5,010. The asset is testing the psychological resilience of this level.
Take Profit (Sell): Short target at US$ 5,150 (immediate resistance) and extended target at US$ 5,350 for the upcoming days.
Stop Loss: Below US$ 4,880. A close below this level disrupts the short-term rally.
Why today? Banks like JPMorgan and Deutsche Bank have just raised their projections to US$ 6,300 by the end of the year. We are buying the "weakness" of an asset that is the preferred refuge of major players in 2026.
⚠️ Remember: Risk management is what separates the investor from the gambler. Use stop!
#JPMorganSaysBTCOverGold #PAXG
