Technical analysis by Dollar_Bolt about Symbol PAXG: Buy recommendation (1/5/2024)

XAUUSD October 17th, it appears that the market was making a rising channel with higher highs and higher lows. The market hit 2147.29, but I believe that it was manipulated and that the second higher high is actually 2048. Currently, the market is being rejected by 2088, and the next possible support is 2048. Although the major trend is bullish, I suggest short selling below 2048 until the 2007 area.