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Technical analysis by mauervorsprung about Symbol PAXG on 6/19/2024

https://sahmeto.com/message/3365814
mauervorsprung
mauervorsprung
Rank: 23787
،Technical،mauervorsprung

We have seen a longer Bullruin in the Goldmarket for the last 4 Months but XAUUSD is consolidating for the last 68 Days looks like we are on a point where the Gold proce could potentially fail to go more up soon and we will see the next significant Bullrun from the end of this year (2024) to the beginning of the next year (2025)Also the Gold mining ETF GDX is alining with this idea its showing buying preassure looks like the Gold Mining ETF will move up first and the Gold Price will continue with that Bullish momentum later this yearhttps://www.tradingview.com/chart/sM8kyn4V/

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$2,317.33
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