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$PAXG
Sharp leg down on the 1H after rejecting 4573 highs. Price broke structure hard to 4274 lows before bouncing into the 4395 zone, now consolidating below the descending MAs with bearish momentum still dominant.
Near-term range-bound after the selloff. Watch for continuation lower on breakdown or relief bounce if it reclaims the MA cluster.
Entry Zone: 4380 - 4400
TP1: 4320
TP2: 4270
TP3: 4200
Stop-Loss: 4440
Risk defined. Breakdown below 4370 confirms more downside with gold weakness. Hold above 4420 improves the setup for short-term recovery.
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