Technical analysis by Romannlee about Symbol PAXG on 6/15/2024

Gold is currently in a range, and its making its way to the bottom of the range, before the close of the week market grabbed liquidity and its making a bullish move to the 61% of the move downwards, which is also confluence as price saw a swift rejection around that area in the past, signifying strong resistance at that area, on the account that market rejects that area, price should create a lower low in the range, grabbing liquidity off the inducement below the range and buy up to the top of the range