Technical analysis by AVCDTrader about Symbol PAXG on 4/17/2024

XAUUSD Gold remains to be bullish for weeks. However, momentum and volume seems to be lacking. On the 4H time-frame, heavy wicks above and 50% Fibonacci rejection would be an indication of market exhaustion. In the 1H time-frame, this 1 probable setup I am looking at. Please do exercise your own judgement as this is not an financial advise. Good luck traders!