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Technical analysis by Finchcliffe about Symbol PAXG: Buy recommendation (8/9/2023)

https://sahmeto.com/message/2655564
Finchcliffe
Finchcliffe
Rank: 4752
1.7
Buy،Technical،Finchcliffe

In my view we're getting to the end of Gold's sell-off, testing the weekly support, testing the daily descending fall line, coming to the end of a falling wedge. We're oversold on the lower timeframes, what's not to like about this buying opportunity!DXY is hanging on in there, with CPI tomorrow, like the news on Friday, I still don't expect DXY to break the falling resistance line, this should catapult gold.So, I'm waiting to get in on gold for a big move up!!

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$1,926.62
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