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Technical analysis by grnntom about Symbol PAXG: Buy recommendation (10/10/2023)

https://sahmeto.com/message/486013
grnntom
grnntom
Rank: 17307
1.4
Buy،Technical،grnntom

XAUUSD WEEKLY ANAYSIS 📈 Gold Market Analysis: Potential Retracement Gold has been on a bearish trend over the past month, but the recent developments indicate a possible retracement. Notably, the DXY (US Dollar Index) has broken its structure to the downside and re-entered a range that dates back to August 30, 2023. This shift in the DXY suggests a change in the gold market. Keep an eye on potential retracement opportunities in the coming days. Stay vigilant and manage risk effectively. 📉🪙 #Gold #Forex #TradingView #MarketAnalysis

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$1,864.03
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