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Technical analysis by AnalytixEdgeByQasim about Symbol PAXG: Buy recommendation (4/4/2024)

https://sahmeto.com/message/1645802
AnalytixEdgeByQasim
AnalytixEdgeByQasim
Rank: 7016
1.5
Buy،Technical،AnalytixEdgeByQasim

- Gold is currently making HH and HL showing classic up trend. - Last impulse move went from 2265.505 to 2304.990, an up move of about 1.74%. - Since makeing HH, price has retraced to 0.5 fibonacci value making HL of 2282.690, a down move of about 0.97%. - No bearish divergence has been identified. - Price has completely retraced to trend line. - Bullish confluence is observed.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$2,288.48
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