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Technical analysis by Nkachukwu about Symbol PAXG on 4/6/2025

https://sahmeto.com/message/3390075
،Technical،Nkachukwu

On the daily we're seeing buyers trying to maintain there position knowing fully well there wasn't sign of big players in the current reversal trend on the daily however on the DXY there was a massive push of price getting closer to the daily demand knowing fully well sellers are in control.So my take on this on gold is if demand are able to maintain their position technically price will remain bullish nonetheless if failed then we'll be expecting big players seeing this as an opportunity to push price to the next demand.Note: Sellers are gaining ground can they beat demand in the upcoming week?

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$3,067.49
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