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!