Technical analysis by nima-mohammadkhani about Symbol PAXG: Buy recommendation (6/16/2021)
https://sahmeto.com/message/2543593

nima-mohammadkhani
Rank: 6782
Analytical Power:
1.5

Greeting from IRAN to whole trading community 💙 Straight to the point 🔥 GOLD was moving through a descending channel since AUG 2020 when it could reach higher than 2000$ After that rising in price , gold continuously was making lower highs and lower lows until price has reached the bottom of the channel and by making a double bottom pattern price has started an uprising GOLD has achieved to breakout its descending channel and made a smooth pullback to broken level If price could maintain higher than 1900$ (Major lvl) higher targets would be available KEEP IT SIMPLE :)
Translated from: English
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Signal Type: Buy
Time Frame:
4 hoursPrice at Publish Time:
$1,816.48