Login / Join

Technical analysis by DesharedPierreJr. about Symbol PAXG: Buy recommendation (6/11/2023)

https://sahmeto.com/message/2753151
DesharedPierreJr.
DesharedPierreJr.
Rank: 8494
1.5

Gold broke another correction trendline

:Buy
Price at Publish Time:
$1,917.53
Buy،Technical،DesharedPierreJr.

I believe that as gold continues to become bullish at support that its willing to break into a higher high. Currently the downtrend momentum is halted by consolidation. Because the overall trend is currently bearish, I will await a reversal candlestick along with volatility on support for any long positions. Potentially a false breakout to the downside. Currently there will be some intraday bearish activity as another shooting star presented at resistance and a bearish engulfing. Price is currently trading beneath the neckline of a double top.

Source Message: TradingView
Signals
Top Traders
Feed
Alerts