Technical analysis by OpiVN about Symbol PAXG: Sell recommendation (9/18/2023)

OpiVN

Week 38 (18 Sep - 22 Sep 2023) Gold Price break out 1915 then surge to 1930, but it is only take the uptrend back when it break out the supple zone in 1935. With the expectation of the Federal Fund Rate will stay remain 5.50% and all of good news for US economic recently, gold will have great pressure from the raise of USD power and it will fall again after test the supply zone 1930-1935.SELL LIMIT 1929-1930 SL 1933 ACTIVE Price now: 1925.5 TP order Sell 1929 +45pip Order 1930 use BE and hold TP 1923 or 1918 Set another Order: BUY LIMIT 1915-1917 SL 1913Setup one more Order: SELL LIMIT 1934-1936 SL 1939Order sell 1930 hit TP1 at 1923, Closed 1/2 Order. The rest got BE. SELL LIMIT 1934-1936 SL 1939 ACTIVEPrice now: 1930 Order sell 1934 take TP at 1930 Order sell 1936 use BE hold TP 1924 and 1919Update: Price now: 1928 Sell 1936 running + 80pip. We can close 1/2 order to take profit here or keep holding to TP 1924 and 1919Update: End of week 38 Sell 1936 got BE We will have a new plan next week! Follow us on Telegram "Channel Opi support GOLD" or PM me: OpiVN