Technical analysis by Finn_Rm3x about Symbol PAXG: Buy recommendation (8/22/2023)

Gold has returned to the Demand zone around 1885. Currently reacting quite strongly to the trend reversal this week.This week trading we will be more careful with its every move.Phase A and B are now clearly formed according to Wyckoff's basic cumulative trading range theory. We wait for a Spring point so that we can enter the line, the possibility will be quite nice in the area : 1880 (this area generates 1 ibl - been in for a long time).Summarize :- We wait for 1 beat - Spring comes around 1880 + 1 test spring beat.- Risk Entry : 1880 - 1882 / Stoploss : 1877- Confirm Entry : wait for Spring and return to Test.- Target : 1924Happy new week trading friends!