Technical analysis by erickwang18 about Symbol PAXG: Buy recommendation (4/21/2024)

1. Gold Still in a very bullish trend in Higher timeframe. 2. There's divergence sign, but we'll see potensial Short scenario once gold reach its weekly wick ATH 3. Bullish until proven otherwise 4. The last 2 4H candle is an engulfing candle combine with a classic retest on the last 4H candle 5. Ideally the candle will retest and Previous Day low Liquidity before deciding to go up or down 6. Where's gold move next? In 1.618 area 2430 area and its latest Weekly high. 7. Open Long trade with 1.5 RR.The trade did not trigger and im canceling it. Lets wait and see first