Technical analysis by Nickos123 about Symbol PAXG: Buy recommendation (6/9/2024)
https://sahmeto.com/message/1977246

Nickos123
Rank: 23683
Analytical Power:
1.4

Here is my view on gold, after sweep of liquidity from the highs, and a big profit taking. Last week China pause buying gold + optimist nfp data and friday profit taking. Looks to me like prices settup for buyers at better liquidity zones around 2280, we might see a quick grab this week under the zone and then back in range, before FOMC wich i anticipate will be bullish for gold. Bears might take profit from the lows and bulls might buy the dip.Be carefull and have a nice week of trading :)
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Signal Type: Buy
Time Frame:
1 hourPrice at Publish Time:
$2,309.22