Technical analysis by rday1927 about Symbol PAXG on 10/19/2023

Hey folks! I hope your portfolios have seen substantial growth by now.Since our last chart update, Gold has proven to be a reliable safe haven. We've observed that its price action depends largely on global news, particularly concerning conflicts in the Middle East.As we approach the upcoming FOMC meeting scheduled for October 31st to November 1st, our 4H chart still shows a bullish bias. However, please exercise caution as we anticipate some liquidity grabs in the coming weeks.FYI: When looking at the monthly timeframe, we're noticing significant resistance in the range of 1965-1985.