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Technical analysis by haliforex about Symbol PAXG on 7/25/2023

https://sahmeto.com/message/3362023
haliforex
haliforex
Rank: 11923
1.5
،Technical،haliforex

I am generally bearish for gold for the week.Both Daily and 4 Hour timeframes are in a downtrend.1 Hour timeframe has had it's uptrend broken but I expect price to sweep the highs and grab liquidity around the order block at 1969 (which is also a resistance in the 4 hour timeframe) and then rally down to the swing low of at least 1914.Adjusting SL to 1977

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$1,940.56
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