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Technical analysis by PUMPmaps about Symbol PAXG on 6/30/2023

https://sahmeto.com/message/3308924
PUMPmaps
PUMPmaps
Rank: 6281
1.6

XAU GOLD

Neutral
Price at Publish Time:
$1,895.63
،Technical،PUMPmaps

The price is approaching a strong support zone at the weekly 50 EMA. It could bounce up from this support level and break the descending trendline. However, if the 50 EMA is breached, the price may drop towards the weekly 100 MAs, forming a descending channel.

Source Message: TradingView
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