Technical analysis by decentshaw about Symbol PAXG: Buy recommendation (12/22/2023)

There is a breakout of ascending triangle. Price out of Red ichimuko Cloud. Price above 20 SMA on 4H and Daily chart. MACD green. All indicators are pointing North. Dxy totally bearish. Gold 2050 Breakout is more meaningful. I am expecting 2070-2090-2100-2145. Interest rate cycle on loosening verge , stock market and Jpy already celebrating it. Its time for Gold. Good Luck