Technical analysis by pcnafi about Symbol PAXG: Buy recommendation (4/30/2024)
https://sahmeto.com/message/1742655

pcnafi
Rank: 3940
Analytical Power:
1.9

Gold is messy now and I'm biased to the upside if it gives a buy setup around 2315 - 2310.The structure looks perfect for me for one more upside to break the 2352 minimum. then break down to the liquidity level. Also, you should know the major weight for gold is to down side, risk wisely, and this up wave we are trying to trade is a possible correction wave to continue down later. Now we focus to buy and the levels are: 23152310235423602370The Analysis is based on waves, market structure, market participants' behavior, and psychologyAs always market wins so wait for your setup. don't trade blindly XAUUSD XAUUSD DXYOther scenario with a different possibilityno setup was available in the zone and market broke the level
Translated from: English
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Signal Type: Buy
Time Frame:
4 hoursPrice at Publish Time:
$2,321.67