Technical analysis by amirmolayi about Symbol PAXG: Buy recommendation (7/29/2022)

As I mentioned on previous post about gold, we are getting closer to our targets. It takes time till we understand when to trade based on Fed's decision and when not to trade. Intrest rate is not the only factor in market. We need to know the reason behind the existence of this market. The goal is to control value of currency by existing liquidity. Right now shorters are suppling this liquidity proudly by entering short position on each resistance line. It seems 1680 is a point that central banks buy(center bank). Never trade based on my idea.