Technical analysis by linofx1 about Symbol PAXG on 22 hour ago
https://sahmeto.com/message/3996777

linofx1
Rank: 510
Analytical Power:
2.7
GOLD (XAU/USD): Will We Test ATH Soon?
Neutral
Price at Publish Time:
$4,341.8

Following a significant bullish rally last week, Gold growth has paused, and started to consolidate. I observe a classic bullish accumulation pattern, specifically an ascending triangle formation, on a 4-hour timeframe. Currently, we are witnessing a test of its neckline. I am of the strong opinion that a bullish breakout, indicated by a 4-hour candle closing above 4354, will initiate a continuation of the bullish trend. We might anticipate a bullish movement towards 4380, and the market could potentially surpass the all-time high.
Source Message: TradingView