PAXG fell 2.07% in one hour on 16/09/2026 — what followed

PAXG: event 16/09, 18:00–19:00 UTC, down move -2.07%, magnitude 7.2, ATR(24) 0.41%.

Updated

Recorded event and its outcomecompleted
7.2M
extreme
PAXG ▼ Fall
Gold · largest in 162 d · 5×ATR
#10 hourly move of PAXG in 2 years
-2.07%
hour Wed 16/09, 18:00–19:00 UTC · 4,273
stopmidpointtargetentry
Elapsed 359 htarget reached in hour 1favourable 2.4 ATR · against 6.0 ATR

Retraced after 7 h, stop 3 ATR hit, target 2 ATR reached.

No rush: in 78% of similar cases the price returned to the midpoint of the move (4,317).

In 78% of similar cases the price pulled up to 4,317 within the next 12 h, usually within 1 h. Over 24 h the 2 ATR target was reached more often than the 3 ATR stop (45% vs 32%).

normal hour 0.41%this movement 2.07%
Levels from statistics · after a down move from 4,273
Stop4,326 (+1.24%) 3 ATRhit in 32% of similar cases
No reliable target4,238 (−0.82%) 2 ATRthe nearest target was reached in only 45% of similar cases
ATR is the normal hourly range; now 0.41% ≈ 18. History: 283 similar movements, without lookahead.
Other stops and targets
LevelPrice and %RangeProbability
Stop4,291 (+0.41%)1 ATR73%
Stop4,308 (+0.82%)2 ATR50%
Stop4,326 (+1.24%)3 ATR32%
Stop4,343 (+1.65%)4 ATR20%
Stop4,379 (+2.47%)6 ATR7%
Target4,238 (−0.82%)2 ATR45%
Target4,220 (−1.24%)3 ATR34%
Target4,203 (−1.65%)4 ATR25%
Target4,167 (−2.47%)6 ATR14%
Position size
At 1% risk of 100,000 ₽ — size ≈ 0.227 PAXG, stop loss 1,000 ₽, distance to the stop 53 (1.24%).
Volume calculated from your account and risk inputs. Not a recommendation.
Similar moves

Market Magnitude shows statistics of past hourly moves computed on closed candles. It is for informational and educational purposes only and does not constitute investment, financial or trading advice or a recommendation to buy or sell any instrument. Past performance is not indicative of future results. Trading involves substantial risk of loss; you make all decisions independently.