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Technical analysis by Mello_vision about Symbol PAXG: Buy recommendation (8/6/2024)

https://sahmeto.com/message/2697575
Mello_vision
Mello_vision
Rank: 21558
1.4
Buy،Technical،Mello_vision

Hello people,My take on gold is simple, 4h mark we are still bullish but then going down in time frame we can see a stong bear market, which is directly heading towards a strong trendline (trendzone if u prefere) near 2370Before going there, we go down in time frame again in 30min, there we seea strongbull market going on, I marked some potential Equal hights (EQH?)which we could be going for, and as a tp(Take profit) I would be targeting my POI 1H WHY?It could be a strong liquidity zone that could atract higher prices We sa a similar case happening at my upper POI 1H if you take a better lookIn smaller time frames again 15min, we could be bouncing on strong smaller zones 2410 which previously kept the price either from going down or upLet's see, I am sceptic too but I trust my feeling and my eyes!! This is not a motivation to copy trade, these are my thoughts and ideas only, its all pure speculation, (I still hope you learn one thing or two with my analisis) !!Sl hit Mistake was my entry point, missaimed but this could be a better possability for a better enrtry which Is 2408 as a BUY STOP. I see a strong sell possibility so if this goes wrong we know why And we'll learn from it

Translated from: English
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Signal Type: Buy
Time Frame:
30 minutes
Price at Publish Time:
$2,397.35
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