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Technical analysis by Dhareja about Symbol PAXG on 4/15/2024

https://sahmeto.com/message/3344933
Dhareja
Dhareja
Rank: 16549
1.5
،Technical،Dhareja

The gold pair moves in a vertical upward price channel and gives respect to their upper and lower trendlines. If the market loses its momentum on the ATH level of gold then it's a chance to move down and some retracement it. There is a big zone on the ATH T.F of gold that is 2400-2430. And if the market respects that zone then we see to reject price to lower trendline at 2380.

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$2,378.64
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