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Technical analysis by Alimecht about Symbol PAXG on 2/13/2024

https://sahmeto.com/message/3334795
Alimecht
Alimecht
Rank: 19544
،Technical،Alimecht

XAU is in Trading Range after a swing (Bull Leg) to upside. It has been now for 40 bars in Trading Range (2010$-2060$).It will Break Out of this Trading Range and is going to swing for a Measured Move.Probability of breakout and a swing to upside or downside is now 50/50, so we need to wait for breakout of Trading Range.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$2,006.38
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