Technical analysis by AmirAliTrading about Symbol PAXG on 20 hour ago
https://sahmeto.com/message/3997610
XAU/USD | Consolidation! (READ THE CAPTION)
Neutral
Price at Publish Time:
$4,331.93

By examining the Hourly chart of XAUUSD, we can see that Gold has been ranging between the 4H FVG and the bearish OB. After the CPI news yesterday, Gold went up as high as 4374, before dropping again and touching the high of the 4H FVG at 4317 and then again going up and now it's being traded at 4323. Gold is now consolidating between the Bearish OB and the 4H FVG. It's not clear yet how Gold might react in the coming hours and weeks before the new year, however, it still is possible for Gold to hit a new ATH by the end of the year.
Source Message: TradingView
