Technical analysis by Trading_Zone_3773 about Symbol PAXG: Buy recommendation (1/30/2024)

Multi-time frame analysis for GOLD. Do not waste this big BUY opportunity. Let’s analyze DXY as this is related to all xxxUSD and GOLD movements. We can see that there is a Quasimodo SELL pattern here. Price is now re-testing base zone to downtrend. Meaning there will be a bullish momentum to GOLD/xxUSDGOLD H4: Price just retested support zone (neckline of multi bottom). GOLD H1: Double bottom got breakout and retested. Bullish trend is confirmed. GOLD XAUUSD XAUUSD XAUUSD