Technical analysis by chi1billdollar about Symbol PAXG on 3/26/2023

Gold volume m15 is down, price is expected to decrease trend continue to decline in the short term. From Monday to Wednesday there is no important news so on monday 3 Gold can continue to run on news on Thursday and Friday. However, be wary because the Fed interest rate increased by 25 points is positive news for gold but gold suffers adjusted down from the 2000 region down. Long-term think gold will continue to increase, but wait to buy at What price is reasonable? Notice on the H2 frame there are important areas like on built-in graphs On Thursday, the US GDP news is the most influential news to gold price, expect good green news for USD think a lot about the falling gold price. The 6th scenario gold price may pullback then fall correction after the 5th day to keep the high position of gold price gold is expected to return to the 1935 zone, 1923 can be deeper than 1912-1909