Technical analysis by Doolz-Lebanese about Symbol PAXG: Buy recommendation (2/28/2024)
https://sahmeto.com/message/1186518

Doolz-Lebanese
Rank: 22713
Analytical Power:
1.4

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
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Signal Type: Buy
Time Frame:
1 hourPrice at Publish Time:
$2,012.79