Technical analysis by garethwarnock44 about Symbol PAXG: Buy recommendation (1/28/2024)

XAU / USD Long Very choppy but my bias is bullish, as it has been unable to break below the 2000 mark, price is in the middle of structure, so I would either be looking for a break above 2038 with a 4h close and a pull back and a higher high close on a smaller time frames to look for the entry. Alternatively would look for a rejection from around the 2012 with a 4h close and a higher high close on the 1h to look for buys back up to 2032. Plus in the current tensions all over the world it dosnt make much sense to be looking for shorts