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Technical analysis by TRADERASLIHAN about Symbol PAXG on 5 hour ago

https://sahmeto.com/message/4003800
TRADERASLIHAN
TRADERASLIHAN
Rank: 1697
2.1

GOLD ANALİZ

Neutral
Price at Publish Time:
$4,362.02
،Technical،TRADERASLIHAN

The big picture is very clear on the #GOLD daily chart. The main trend is still up and the price is now in the 4,330–4,340 band, just below the major resistance area that was previously challenged. 🤩This region is important because there was a hard sell here before. The current movement shows that the upward desire continues, but let me say this clearly: I wouldn't say a new rally is starting without seeing a daily close above 4,350. 🤩The 4.300–4.270 band below is the main support. As long as this zone can be maintained, pullbacks would be in-trend corrections for me. The place that destroys the real structure is much lower.🤩 The trend is strong but the price is right at the resistance. Here, the winner is not the one who rushes, but the one who waits for the closing. Gold currently says: There is strength, but patience is required.YTD

Translated from: Turkish|
Source Message: TradingView
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