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Technical analysis by omvats1 about Symbol PAXG on 2/9/2025

https://sahmeto.com/message/3370081
،Technical،omvats1

Hi, in my november publication, i' talked about a gold range in 12M tf, which resulted in the fall of the gold then, gold got the support below, now testing a tl above , i will share the link of the publication below gold is testing a 12M inside bar high, well at the start of the year, if, continue with it, we have some good positive levels in the near future , but, surely deserve caution here, smaller time frames will guide now in 1M, gold enjoying the breakout of the Inside bar but under the resistance of the mid of the BO zone, again a point of caution in 4H, gold is following the perfect copy book parabolic movement, making strong move after taking support and getting resistance from the above curved tls , now at a steeper angle important 12M , 1M &1W levels already given gold is within a caution zone with volatile movement , still below the lower tl in 4H , so trade safely once settled we can get a good directional trade i will timely add some smaller tf patterns which will help us to navigate through this caution zone hope you will like the publication and trade safe thanksprevious ideain 1Hin 4H, gold is trying to form a new consolidation pattern, in case price stopped following the parabolic movementstill in hh in 15 minstill in HH consolidationstill in hh patternin day tfprogressmade new parallel curved tlstook resistance at the previous day levelbreak out of the consolidation

Translated from: English
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Signal Type: Neutral
Time Frame:
1 month
Price at Publish Time:
$2,877.48
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