Technical analysis by AmirAli4bdi about Symbol PAXG on 5/7/2024

I've set up a trading setup for gold and I'm sharing my expectations for its next moves with you for short-term perspective and trades this week on its chart. As I mentioned in previous analyses, we're in a confined trading range, which was expected after the sharp movements in gold in recent weeks. We're still within a trading range and waiting for a move to form a new trend. I've identified this range on the chart for decision-making in trading, which is visible.