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Technical analysis by Eliarich about Symbol PAXG on 1/3/2023

https://sahmeto.com/message/3331049
Eliarich
Eliarich
Rank: 12831
1.5
،Technical،Eliarich

The upward movement for gold is underway but has hit a significant resistance level. The fact that the RSI is hitting lows over 50% and a bullish reversal is in place is highly intriguing. Could this result in a test of 1998.46 or perhaps its breaking? If we close below 1729.59, we'll go into the sideways zone.

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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$1,835.26
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