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Technical analysis by MrAndroid about Symbol PAXG on 7/27/2023

https://sahmeto.com/message/3324584
MrAndroid
MrAndroid
Rank: 9287
1.5
،Technical،MrAndroid

1% move down for gold draws out a bearish head and shoulders pattern on the chart. This is an hourly chart so it doesn't predict a huge drop in price but even so looks like the resistance level above (1981), which got tagged recently, is still strong.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$1,944.04
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