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Technical analysis by Le_mah about Symbol PAXG: Buy recommendation (11/28/2023)

https://sahmeto.com/message/47085
Le_mah
Le_mah
Rank: 6592
1.6
Buy،Technical،Le_mah

Fundamental Analysis : Since we all know the geopolitical tension we are living right now : Russian and Ukranian War, Palestinian and Israel conflict, Tension between USA and China, BRICS buying gold massively. Also increasing inflation all over the world, increase in interest rates is globalised...Gold also is very correlated with US CPI, GPD, Housing sector who is not doing well (maybe new bubble)... anyway hope the best for the dollar... who is being challenged in this new geopolitical era. Technical Analysis : Gold is doing well, most agressive move are bullish move (volumes weighted). Very healthy trend, that is obvious to oscillator expert. TDI, is the best indicator to use since it's a combination of 5 well known indicatorsFirt Resistance at 2135 worked perfectly, and rejected the MarketTomorrow Fed Interest Rate! stay tuned Gold WILL FLY to 2311plan was executed by the market perfectly

Translated from: English
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Signal Type: Buy
Time Frame:
1 month
Price at Publish Time:
$2,021.7
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