Technical analysis by Zenoh about Symbol PAXG: Buy recommendation (5/18/2023)

HELLO TRADERS before we talk about XAUUSD lets first take a look at the dollar index DXY, DXY has been bullish since retesting the support @ 101.2 and we expect a correction on the test of the support @ 103.6the correction from the resistance (bearishness) will lead to bullish move on the XAUUSD (DXY chart below)Now back to XAUUSD,XAUUSD has been bullish on HTF and we expect that trend to continue, after a strong pullback from 2060 to 1975 a correction is to be expectedour first support will be 19752nd @ 1935bullish targets @ 2030BREAK BELOW 1965 WILL INVALIDATE THIS IDEAGOOD LUCKIF YOU FIND THIS IDEA VALUABLE LIKE IT TO REACH MORE TRADERS