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Technical analysis by Mlando17 about Symbol PAXG on 5/19/2024

https://sahmeto.com/message/3317495
Mlando17
Mlando17
Rank: 12053
1.5
،Technical،Mlando17

The golden market seems to have been making higher lows on its way up, so we might expect another retest on our previous minor resistance resulting in another HL before price pushes higher to break the main resistance. But also keep in mind that price formed a bearish harmonic pattern which may cause the bullish structure to fail when reaching the main resistance, but the best thing to do is to wait for price to display proper confirmation on which direction it will take...

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$2,385.74
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