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Technical analysis by Le_mah about Symbol PAXG: Buy recommendation (2/18/2023)

https://sahmeto.com/message/2707344
Le_mah
Le_mah
Rank: 6592
1.6
Buy،Technical،Le_mah

Based on the Fibonacci and Fibonacci extension analysis, it appears that the gold market has reached its maximum downside elasticity, particularly in light of the news from the previous week. The RSI and Stochastics indicators also suggest an oversold market. Moreover, the fundamentals for gold are bullish.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$1,821.09
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