Technical analysis by thegoldhoarders about Symbol PAXG: Buy recommendation (4/18/2024)

looking at gold today it seems we could be looking at at another decent move up.a bullish pennant has clearly formed as illustrated by the blue lines but what's interesting is that from looking at the volume indicator we can also clearly see a divergence in price and volume which hopefully means an upward move is imminent.there is however nothing on the economic calendar this week that would serve to give gold a push in the right direction so for now its a waiting game but ill be keeping a close eye on this and have price alerts set ready for when the action breaks out!