Technical analysis by sherrynjoto about Symbol PAXG: Buy recommendation (3/25/2022)

[/I]XAUUSD A bearish divergences in H4 is valid and the price is currently making a retracement, predicting that price will stop at the 1939 area. In order to continue its bullish movement in D1, it requires to break 1965 (previous swing high H4). Making the minimal target area at 1965 and a price imbalanced at 1972. Confluences:- 1. Purple Zone 2. Fibonacci Cluster 3. Support area BUY LIMIT - 1939 TP 1 - 1965 TP 2 - 1972HIT SL - 1935