Technical analysis by Mohammad_Mirdehghan about Symbol PAXG: Buy recommendation (10/4/2022)
https://sahmeto.com/message/2744568

Mohammad_Mirdehghan
Rank: 11576
Analytical Power:
1.5

Examining the four-hour time frame and analyzing the Elliott patterns show that the recent uptrend in gold has strongly confirmed that the downtrend that started on August 10 has been completed at the bottom of September 28 and is building a major corrective movement. The most important point is that the rotation of momentum in the weekly time frame is a confirmation of a multi-week upward trend, which makes any drop in the four-hour and one-hour time frames a good buy. In continuation of this growth, we expect to conquer the range of 1736-1733 dollars.
Translated from: English
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Signal Type: Buy
Time Frame:
4 hoursPrice at Publish Time:
$1,718.62