Technical analysis by Nabi_Gunduz about Symbol PAXG on 21 hour ago

Hello, I observe that the price moves itself upwards by forming triangles. While doing this movement, I noticed that after the breakouts occurred, it could not cross the upper descending trend line of the triangle in a downward direction again. When we look at the last triangle formation above, in order for this chain to continue, the price must first not fall below the triangle "D" level of 4273.11. For the continuation of the rise, a 4-hour candle must close above 4350.37... The upper descending trend line of the last triangle may be breached upwards. In fact, a 4-hour candle closing may occur above this trend line. These are not important. What really matters is the 4-hour candle close above 4350.37, which is the "C" level of the triangle. Then; Either possible withdrawals can be considered as buying opportunities, provided that a stop is placed below 4273.11, or a buying transaction can be entered after the 4-hour candle close above 4350.37. It should be noted that if the price falls below 4273.11, this chain will be broken. I WISH YOU GOOD EARNINGS...