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Technical analysis by UnknownUnicorn61697614 about Symbol PAXG: Buy recommendation (1/14/2024)

https://sahmeto.com/message/867731

Gold - XAUUSD

Buy
Price at Publish Time:
$2,019.82
Buy،Technical،UnknownUnicorn61697614

Dear trader, Is gold moving upward or do we continue to see downward momentum? Fundamentally gold is a hedge against inflation but higher interest rates makes the yellow bullion less attractive for investors. Double cut sword. If we look at technical analysis we see a 4H supply level retest with a 4H order block/fvg kiss. I expect the trend to continue upward.No major economical event next week. treat this info with care and discrettion, this is not a fincial advise

Source Message: TradingView
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