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Technical analysis by Mello_vision about Symbol PAXG: Buy recommendation (8/7/2024)

https://sahmeto.com/message/2525607
Mello_vision
Mello_vision
Rank: 22374

my take on gold

Buy
Price at Publish Time:
$2,379.8
Buy،Technical،Mello_vision

Hello guys, I'll leave you just with my chart and let you look at it and make up your own ideas, just quickly explain and the rest I'll comment tomorrow after letting the market do what it does.As we know we are coming close to our support trend line around 2380 (support confirmed)We reached a support zone 2382 - 2378 (also confirmed), didn't break any important structure, and left a lot of imbalance and liquidity behind which we will probably see reaching in lower time frame like 5 min and less.I went into the 3 min timeframe to refine my entry point and try taking a clean entry at 2384Targeting the liquidity about 2400 -2405. !! This is not for copytrades, these are only my thoughts and ideas, and all pure speculation !!Entry was spot on, I m fearing a few bears coming but i am confident that the bulls will take this run. I letting the trades flow now and try not touching them we'll see in a few hours.

Source Message: TradingView
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