Technical analysis by ArshlyP about Symbol PAXG: Sell recommendation (10/12/2021)

Gold is targeting the Order block on 4 hour at 1733,88.Recent massive weakness of Usdollar index has caused indecision on gold price going against latest Bearish sentiment .For short term trading , consider entry at the break and retest of next support level of 1748 with a target of up to 100 pips (1738)Gold hit my Major Stoploss , i will observe the price see how the daily setup goesGold moves from zone to zone , Stoploss has to be respected and levels has to be observed (LONG TERM TARGET 1793 AFTER BREAKOUT OF 1782re ACTIVATE TRADE RESPECTIVELY ACCORDING TO SETUP