Technical analysis by Finchcliffe about Symbol PAXG: Buy recommendation (8/9/2023)
https://sahmeto.com/message/2655564

Finchcliffe
Rank: 4752
Analytical Power:
1.7

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!!
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Signal Type: Buy
Time Frame:
1 dayPrice at Publish Time:
$1,926.62