$PAXG is starting to move with real intent again. On the 15 minute chart I’m seeing a strong bounce from support and price holding its ground, which tells me buyers are stepping in with confidence. Volatility is picking up and that is exactly what a good scalp needs.
The entry zone between 4600 and 4605 is where this setup makes sense. This area has already been defended, so if price comes back here and holds, it gives a clean and low risk place to look for longs. I’m not interested in chasing fast green candles. I’d rather wait for price to return to support and then move higher.
On the upside, 4615 is the first level to watch. That is where quick reactions can happen. If momentum stays strong, 4625 becomes the next target and that is where a solid scalp can be locked in.
The stop at 4588 is there for protection. If price drops below it, the structure breaks and the trade is no longer valid. Risk comes first, always.
Right now the structure looks healthy, buyers are defending the zone, and gold backed strength is showing up. If price keeps holding above support, the next push higher could happen fast.
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