Technical analysis by franklin886okoro about Symbol PAXG: Buy recommendation (7/9/2023)

XAUUSD price broke the previous bottom trend line in the last XAUUSD analysis l posted, forming a new Low at the previous uptrend demand and supply area. Right now, there is a possibility for trend reversal in the 1W time frame as supported by 4h and 1h confirmations too. Also, a fractal confirmation of the possible reversal or impulse corrections will kick in on 1W time frame as soon as the XAUUSD market opens for the new week. This is not a personal financial advice. Trade wisely.