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Technical analysis by ex_rico about Symbol PAXG: Buy recommendation (3/5/2024)

https://sahmeto.com/message/2776143
ex_rico
ex_rico
Rank: 26441
1.5
Buy،Technical،ex_rico

Hello everyone!we're turning bullish on GOLD!- Here's my view on GOLD:- We have liquidity.- We have an interesting zone.- We have the optimal Fibonacci.- We have accumulation before/on the zone.- We are with the trend.Fundamentally, we have a very strong dollar, and as you know, when the dollar rises, GOLD falls. However, we'll remain vigilant about the evolution of conflicts in the Middle East because they can heavily impact GOLD in case of escalating tensions!So, stay cautious.That's why I see GOLD rebounding in the zone and dropping!🚀 If you liked it and want more, don't hesitate to subscribe and boost the post!

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$2,072.84
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