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Technical analysis by Florent-Islami-BRS about Symbol PAXG: Sell recommendation (10/16/2022)

https://sahmeto.com/message/2703844
Sell،Technical،Florent-Islami-BRS

When we look the dollar is still bullish that means that gold is still Bearish. In 4h we broke one of the supports 1653.00 , so now we are in the next support 1643.00 we can have this week coming consolidations and going to retest the broken support ( now is resistance ) 1653.00, after retest we need to wait for confirmation (Broke the support) 1620.00, to continue bearish.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$1,640.86
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