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Technical analysis by shyApricot2597 about Symbol PAXG: Buy recommendation (4/23/2022)

https://sahmeto.com/message/2738018
shyApricot2597
shyApricot2597
Rank: 11302
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Buy،Technical،shyApricot2597

Looking through the price action, Gold is clearly in an uptrend and is at the 0.236 Fib level, Which can prove to be a very good entry point for the long run. If Gold has to continue the upside rally , 2040 does not seem unachievable, an entry ar the current price between 1940 and 1920 will be a good price to buy Gold for Short and Long term . Stop loss can be at the 1910 price level , also 1900 and 1880 for risk takers.Looking at the chart in 4 hour timeframe, the correction might end soon and gold could continue on the rally upside.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$1,935.6
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