Technical analysis by lilsheggwen about Symbol PAXG: Buy recommendation (9/12/2022)

xauusd reacted to the weekly support @1680 showing us a nice double bottom. to further justify the bullish bias, xauusd closes above the bearish trend on D1 that started in August 2022, therefore Gold is expected to continue the bullish run as a pullback to the major downtrend on the weekly timeframe.