Free PAX Gold (PAXG) Technical Analysis Signals

Overal Signal
Buy
Signals
Hold Neutral Neutral Buy
Last Update / Period
05 Nov / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

PAX Gold (PAXG) signal with technical analysis on 05 Nov

On 05 Nov, we conducted a comprehensive technical analysis of PAX Gold (PAXG), considering 256 signals with intricate details. Here are the key findings: 70 signals suggested buy strategies, while 87 indicated sell strategies. The remaining 99 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 3
Sell Signals: 32
Neutral Signals: 29
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 15
Sell Signals: 25
Neutral Signals: 24
Result: This strategy leads to a Neutral position.

Strategy 3:
Buy Signals: 21
Sell Signals: 17
Neutral Signals: 26
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 31
Sell Signals: 13
Neutral Signals: 20
Result: This strategy leads to a Buy position.

Overall Strategy:
Buy Signals: 70
Sell Signals: 87
Neutral Signals: 99
Result: This strategy leads to a Buy position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your PAX Gold (PAXG) investments, we highly recommend visiting the "magicalprediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for PAX Gold (PAXG) on , there seems to be a tendency toward a buy signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and any investment decision should be made carefully. Consider the overall market conditions and how your choices align with your specific investment goals.


Based on the above signals, we recommend the following strategies:

PAX Gold (PAXG) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, holding your position may be a good strategy according to our signals. However, always exercise caution and monitor market developments closely.

PAX Gold (PAXG) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to choose the optimal time to exit based on our signal combination. If you have a higher risk tolerance, consider waiting for market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it’s advisable to consider the projected price range. This range represents a potential upside of -100%, determined by the highest predicted price. However, before deciding to enter a buy position, be cautious and conduct thorough research to ensure it aligns with your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial for managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make more informed decisions regarding your **PAX Gold (PAXG)** holdings.

PAX Gold (PAXG) Price Analysis and Resistance Levels:

Given our current long position in PAX Gold (PAXG), analyzing key resistance levels is crucial to better understand its price movement. These levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (3097.898): The primary hurdle we face is the 3097.898 price level. If the current trend remains unchanged, PAX Gold (PAXG) could break above this level, signaling its strength and potential for further growth.

It's essential to closely monitor these resistance levels and consider them in the broader context of market trends and indicators. To make informed decisions when trading PAX Gold (PAXG), stay alert and continually analyze the market. By focusing on these resistance levels and considering broader market dynamics, you can make smarter trading decisions and adapt to this dynamic market.

PAX Gold (PAXG) technical analysis chart

PAX Gold (PAXG) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 3097.898 -- -- -- --
Support 2425.588 2288.729 2067.095 2052.391 1824.697
 PAX Gold (PAXG) Support and Resistance area (05 Nov)

PAX Gold (PAXG) signals list for 05 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

PAX Gold (PAXG) candlestick patterns on 05 Nov

Today's PAX Gold (PAXG) Candle Patterns List:

Doji Long Legged Doji Rickshaw Man High-Wave Candle Spinning Top

PAX Gold (PAXG) technical analysis over the past days

# Date Overal Signals ALL Signals
1 04 Nov Buy HoldNeutralNeutralBuy
2 03 Nov Hold HoldNeutralNeutralNeutral
3 02 Nov Neutral HoldNeutralHoldHold
4 01 Nov Sell SellNeutralHoldHold
5 31 Oct Neutral NeutralHoldNeutralHold
6 30 Oct Hold HoldHoldHoldHold
7 29 Oct Buy BuyBuyHoldHold
8 28 Oct Hold NeutralNeutralHoldHold
9 27 Oct Hold NeutralHoldHoldHold
10 26 Oct Hold NeutralHoldHoldHold
11 25 Oct Hold HoldHoldHoldHold
12 24 Oct Buy BuyHoldHoldHold
13 23 Oct Hold NeutralHoldHoldHold
14 22 Oct Hold HoldHoldHoldHold
15 21 Oct Hold HoldHoldHoldHold
16 20 Oct Hold HoldHoldHoldHold
17 19 Oct Hold HoldHoldHoldHold
18 18 Oct Hold HoldHoldHoldHold
19 17 Oct Hold HoldHoldHoldHold
20 16 Oct Buy HoldBuyBuyHold
21 15 Oct Buy HoldNeutralNeutralBuy
22 14 Oct Sell NeutralNeutralSellNeutral
23 13 Oct Neutral HoldSellNeutralNeutral
24 12 Oct Hold HoldNeutralNeutralHold
25 11 Oct Buy BuyNeutralNeutralBuy
26 10 Oct Hold HoldHoldHoldNeutral
27 09 Oct Hold HoldHoldHoldNeutral
28 08 Oct Sell HoldHoldSellNeutral
29 07 Oct Sell SellSellNeutralHold
30 06 Oct Hold NeutralHoldHoldHold

Users forecasts for PAX Gold (PAXG)

What is your prediction?

In this section, you can easily predict without user registration. See also other users predictions.

What is your prediction?

PAX Gold (PAXG) predictions by visitors

Please fill in your email
Please fill in your Text
CAPTCHA Image
Please fill in your Captcha

Comments