Technical analysis by Willsonnnn about Symbol PAXG: Buy recommendation (11/13/2023)
Willsonnnn

XAUUSD It's Willson and useful stuff again 🚀🚀🚀 🔴 With news related to the Middle East having been absorbed and neutralized, it is possible that Gold will anchor at the 189x-196x mark for a while before there are strong fluctuations to the USD or from the Middle East only then. Gold just broke out strongly at one of the two ends. - Next week there will be news on CPI, PPI and unemployment benefits in the USD. - According to personal opinion, here Gold is retesting the uptrend on the H4 channel that could pop up in 2 days from this 1938 area. 🔴 If we find the 1959-1963 zone again, we will SELL and SL at 1972 is the most reasonable, TP can consider depending on the force situation at that time. 👉 In case it drops past 1930, you can wait for the 1910-1914 zone to open a BUY entry here because this was the area that popped up last time. Personal opinion, not investment advice.