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Technical analysis by Doolz-Lebanese about Symbol PAXG: Buy recommendation (2/28/2024)

https://sahmeto.com/message/1186518
Doolz-Lebanese
Doolz-Lebanese
Rank: 22713
1.4
Buy،Technical،Doolz-Lebanese

Greetings, dear friends! Let's dive into today's gold price trends together!As anticipated, gold continues its subdued trading, still unable to break through the resistance level of $2035. However, it's holding steady, elegantly navigating within a price wedge pattern. We stand at a crossroads, awaiting pivotal market news that could swing the pendulum in one of two directions:Scenario one: Gold breaks free from the wedge, descending towards the support level at $2017.Scenario two: Gold surmounts the $2035 resistance, aiming for the current bullish expectation at $2050.I'm leaning towards scenario two with high anticipation. What about you?BUY @ 2025-2026TP 1: 2030TP 2: 2035SL :2022Now AgainSell @ 2033-2034TP 1: 2025TP 2: 2018SL 2038

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$2,012.79
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