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Technical analysis by SLouise96 about Symbol PAXG: Sell recommendation (11/20/2023)

https://sahmeto.com/message/580486
SLouise96
SLouise96
Rank: 17618
1.5
Sell،Technical،SLouise96

XAUUSD - we previously saw an a tempt at retesting an older OB. The most recent inefficiency has created a FVG that is currently being tested and slowly explored. While these signs appear promising for a sell, we are still seeing some buying pressure, indicated with over 50 on stoch. Momentum however is negative so we can expect confirmation of a bearish trend to follow. Since the daily trend is bearish, I am placing tp at the demand level. However I’ll review this if the trade is taken.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$1,962.44
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