Technical analysis by RamziAbouAbdallah-CMT about Symbol PAXG: Buy recommendation (3/20/2023)

• Gold is soaring as demand for safe haven is rising amid banks turmoil and fear of recession • Bullish trend dominating but tough resistance is near • First resistance is 2000 round number • Second resistance is the 2070 previous high which was rejected twice • Are we gonna be in a triple top scenario and reverse lower again or make a new high ?• From a risk reward point of view, it is more rewarding to go short at this level with a stop above 2000-2070 and place a long pending order above 2070