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Technical analysis by AltairView about Symbol PAXG: Buy recommendation (11/20/2024)

https://sahmeto.com/message/2986597
AltairView
AltairView
Rank: 23555
1.4
Buy،Technical،AltairView

It's pretty much risky position, but I think with 60% certainty that what's going on right now with gold price is purely fasle and fake breakout of the trendline. Although I have an opinion that DXY currently on a Bullish flag and will soon skyrocket again, but it's in a 4 hour time frame so it'll not happen soon. While gold is transferred to bullish trendline, I think it'll go this way for at least next day. Will it fall hard later? Maybe? I don't know. It's not the main question. My main point is that I opened my 7th position. Opening: 2636TP: 2645SL: 2585Not only my own analysis, but also other tools and AI telling me about this position. By the way, I can actually be super wrong. But that's the game, isn't it? So let's see what's gonna happen.ATTENTION ladies and gentlemen! I'm cancelling my 7th position with $0 loss. I opened it at 2636, I'm closing it at 2636. I think and I'm pretty sure now that trendline is broken! I'm repeating: TRENDLINE IS BROKEN! So I don't want to risk right now! Wait for the next one!

Translated from: English
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Signal Type: Buy
Time Frame:
15 minutes
Price at Publish Time:
$2,647.88
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