Technical analysis by Zenoh about Symbol PAXG: Sell recommendation (5/26/2023)
https://sahmeto.com/message/2720123

Zenoh
Rank: 13310
Analytical Power:
1.4

HELLO TRADERSBefore we talk about XAUUSD lets first take a look at the dollar index DXYDXY has been bullish recently, broke above resistance and currently correcting to retest itwhere we expect a continuation higher on the retest, the bullishness of DXYindicates bearish XAUUSD(DXY chart below)Now back to XAUUSD, XAUUSD has been bullish for weeks and currently managed to break below a strong resistance @ 1950 and retesting it we expect a continuation lower on the retest targeting the next resistance @ 1920BREAK ABLOVE 1960 WILL INVALIDATE THIS IDEA GOOD LUCKIF YOU FIND THIS IDEA VALUABLE SUPPORT IT WITH LIKES
Translated from: English
Show Original Message
Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$1,967.59