📊 Trade Setup: $PAXG – Range Rejection Near Upper Bollinger Band
🔻 Short Entry: 5020 – 5050 USDT (upper BB + EMA50 resistance)
🎯 Take-Profit Targets:
TP1: 4950 USDT – mid-range support
TP2: 4850 – 4800 USDT – 4H demand & value area
🛑 Stop-Loss: ❌ 5100 USDT (above range high)
Risk:Reward: ~1:2+
⚠️ Risk Factors
Macro news & USD strength impact gold
Low volatility → patience required
Acceptance above 5120 invalidates setup
🚨 Avoid overleveraging.
#PAXG #GOLD #BinanceFutures #TechnicalAnalysis #BinanceSquare